Mitchells & Butlers

Sales boost and high-end predictions: All Bar One (pictured) is one of M&B's brands

M&B lfl sales up 7% and buys Pesto Restaurants

By Gary Lloyd

Mitchells & Butlers has claimed to be outperforming the market in like-for-like (lfl) sales and expects its annual results to be at the top end of its forecasts.

Boss comments: M&B chief executive Phil Urban was delighted by the firm's trading performance

7.7% sales upswing for M&B

By Nikkie Thatcher

Mitchells & Butlers (M&B) has reported like-for-like sales growth of 7.7%, according to a trading update for the 15 weeks to 13 January 2024.

M&B reports record market outperformance in 2023

M&B reports record market outperformance

By Shwetali Sapte, MCA

Mitchells & Butlers (M&B) has reported financial results for the year ended 30 September 2023 (FY23), with like-for-like (lfl) sales growth of 9.1% against FY22.

Head-to-head: M&B to rival Greene King's US-style barbecue operation with new smokehouse opening (Credit: Getty/luchezar)

EXCLUSIVE

M&B to launch US-style barbecue venue

By The Morning Advertiser

Mitchells & Butlers (M&B) are set to go head-to-head with Greene King with the launch of a new operation focused on "Slow ‘n Low" US-style barbecue food.

Third-quarter results: Phil Urban says M&B is well positioned to deliver a strong full year

Like-for-like sales up 8.9% at M&B

By Gary Lloyd

Mitchells & Butlers (M&B) believes it will “continue to outperform the sector” after reporting like-for-like (lfl) sales in the year to date were up 8.9% versus last year.

Half-year results: people returning to city centres has helped boost business at Mitchells & Butlers

M&B lfl sales for first half of year rise 8.9%

By Gary Lloyd

Pubs, bars and restaurants operator Mitchells & Butlers (M&B) has reported like-for-like sales growth of 8.9% for the first half (H1) of its 2023 financial year (FY23).

Focused for future: M&B will continue enhancing its estate and has opened an All Bar One

M&B reports 10.4% rise in Q1 lfl sales

By Gary Lloyd

Strong drinks trade has led to a rise in like-for-like (lfl) sales at managed pubs and restaurants operator Mitchells & Butlers (M&B).

Trading update: M&B's results cover the year to 24 September 2022 (image: Getty/Ole Schwander)

M&B reports profit recovery

By Nikkie Thatcher

Mitchells & Butlers (M&B) has revealed profits have recovered in its latest trading update, covering 52 weeks ending 24 September 2022, despite a "highly challenging trading environment".

Fiscal results: challenging times for M&B and its customers

Food drives trade at M&B but drink sales down

By Gary Lloyd

Mitchells & Butlers (M&B), the operator of brands including All Bar One, Premium Country Pubs, Nicholson’s, Ember Inns, Toby Carvery and Harvester, has reported a 5.2% lift in like-for-like (lfl) food sales and a 4.1% loss in drinks sales for...

Q3 update: sales are up at M&B despite challenging conditions

Food drives like-for-like sales at M&B

By Gary Lloyd

Multi-brand pub and restaurant operator Mitchells & Butlers (M&B) has announced a 0.9% like-for-like sales boost in the 42 weeks up to 16 July 2022 with food being the main driver.

First of many: the Birmingham site is the first of O'Neill's remodelling plans to be rolled out across all other branches in the UK

Inside the new look O’Neill’s

By Nikkie Thatcher

Mitchells & Butlers brand O’Neill’s is being remodelled with a new look and feel, bringing a focus on showing women’s sports, starting with The Women’s Euros next month (July).

Pushing forward: M&B reports profits of £120m

M&B reports profits of £120m

By Rebecca Weller

Large multi-site pub operator Mitchells & Butlers (M&B) has reported profits of £120m for the first half of 2022.

Time at the bar: Ye Olde Fighting Cocks, reputedly the oldest pub in England, has closed (credit: Getty/MOF)

Last orders at England’s ‘oldest pub’

By Gary Lloyd

Ye Olde Fighting Cocks – a pub believed to be the oldest in England – has called time at the bar and closed after licensee Christo Tofalli’s business went into administration.

Look back: The Morning Advertiser has delved into Mitchells & Butlers through the ages

M&B's acquisition story

By Nikkie Thatcher

Pub company Mitchells & Butlers (M&B) currently has more than 1,700 sites across the restaurant and pub sector. Here, The Morning Advertiser takes a look back at how the business got to where it is today, through its merger and acquisition activity.

Results revealed: Mitchells & Butlers has unveiled its trading update (image: Getty/Tay Junior)

M&B reveals volatile trading

By Michelle Perrett

Mitchells & Butlers (M&B), the managed pub operator that owns brands including Harvester and Toby Carvery, has revealed that trading has been volatile since reopening on Monday 17 May.

Sales results: Trading has been 'volatile' for the managed pub company

Mitchells & Butlers: Trading has been 'volatile'

By Michelle Perrett

Mitchells & Butlers (M&B), the operator of managed restaurants and pubs including Harvester, Toby Carvery and Nicholson's, has revealed sales have been “volatile” since full reopening on Monday 17 May.

Covid impact: 'With the support of our main stakeholders, we are now well placed to emerge in a strong competitive position and look forward to the removal of remaining trading restrictions,' M&B's Phil Urban explained

M&B suffers £200m loss as pandemic restrictions bite

By Stuart Stone

Despite takings tumbling by 79% during the six months to 10 April, the CEO of the firm behind Toby Carvery and All Bar One believes it can emerge from pandemic restrictions in a ‘strong competitive position’.

Capital raise: Mitchells & Butlers has secured gross proceeds of £350.5m from shareholders as it bids to weather to Covid-19 pandemic

M&B completes £350m fundraise

By Stuart Stone

Toby Carvery and All Bar One operator Mitchells & Butlers (M&B) has secured gross proceeds of £350.5m from shareholders as it bids to weather to Covid-19 pandemic.

Uncertain and challenging year: 'With our great estate, balanced portfolio of brands and proven management team, we remain optimistic that we will be able to regain the momentum previously built', M&B's Phil Urban explained

M&B posts pre-tax loss as 1,300 workers made redundant

By Stuart Stone

Birmingham-based pub group Mitchells & Butlers (M&B) has revealed a £300m swing from pre-tax profit to loss in the 52 weeks ended 26 September 2020 – a period in which it was forced to axe 1,300 staff members.

Closed venues: the sites are a mix of Mitchells & Butlers brands, The Morning Advertiser understands

M&B to close ‘a number of sites’

By Nikkie Thatcher

The operator of brands such as All Bar One, Sizzling Pubs and Toby Carvery, Mitchells & Butlers (M&B), is closing a number of leasehold sites.

How much rent are pub companies charging in lockdown?

Pub companies announce lockdown rent plans

By Emily Hawkins

Pub companies including Greene King and Stonegate Pub Company have confirmed rent reductions for tenants to 10% for the second lockdown period.

Job losses: M&B is the latest pub group to reveal it is consulting on redundancies

M&B announces redundancy consultation

By Nikkie Thatcher

Mitchells & Butlers (M&B), the pub company behind brands including Sizzling Pubs, Toby Carvery, All Bar One and Nicholson’s, has opened redundancy consultations for staff.

New normal: 'I am particularly impressed by the way in which our teams have made this possible by responding to the challenge of our new operating environment with energy and enthusiasm,' M&B's Phil Urban said

M&B sales slip 6.4% post-EOTHO

By Stuart Stone

Birmingham-based pub group Mitchells & Butlers (M&B) has revealed its like-for-like sales for the first three weeks of September are down versus its Eat Out to Help Out boosted August numbers.

Cost-cutting measures: M&B believes its strategy will be ‘sufficient to fund obligations well into the second half of the year’

#Unitedwestand

M&B furloughs more than 45,000 staff members

By Stuart Stone

The operator behind high street stalwarts O’Neill’s and All Bar One has furloughed 99% of its workforce in a bid to weather the ongoing Covid-19 crisis.

From the ashes: Ye Olde Six Bells in Horley to reopen

Fire damaged Vintage Inns pub to reopen

By Nicholas Robinson

Historic Vintage Inns pub the Ye Olde Six Bells in Horley, Surrey, is to reopen on 6 December after being severely damaged and closed by a fire in the spring.

Strong performance: Mitchells & Butlers announces its trading results

Drinks sales drive M&B performance

By Emily Hawkins

Mitchells & Butlers (M&B) announced its sales have outperformed the market, thanks to a boost in drinks sales this summer.

Coming soon: Ye Olde Six Bells Horley to reopen in autumn

Burnt out historic M&B pub Ye Olde Six Bells to reopen in autumn

By Nicholas Robinson

Vintage Inns pub the Ye Olde Six Bells in Surrey, which dates back to the 9th century, is expected to reopen this autumn following a full refurbishment after it was ravaged by fire last month, The Morning Advertiser can reveal.

Roof destroyed: Ye Olde Six Bells in Horley has been left in a sorry state after fire

Fire devastates M&B Vintage Inns site

By Nicholas Robinson

Customers had their meals and drinks cut short as a fire broke out at one of Mitchells & Butlers Vintage Inns sites in Horley, Surrey, on Tuesday (28 May) evening.

International Women's Day: Business leaders, in association with Plan B

International Women’s Day

The women who lead in the on-trade

By Nicholas Robinson

There are too few women at the top level in business across the world and the UK. While pubs and bars can't escape that fact either, here we tell the stories of nine women at the top in the on-trade.

Yearly results: Mitchells & Butlers has reported an increase in like-for-like sales and pre-tax profits

Profit boost for Mitchells & Butlers

By Emily Hawkins

Mitchells & Butlers has reported an increase in its pre-tax profits while its adjusted operating profits dropped slightly, in its yearly financial results.

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