Mitchells & Butlers Share Price (MAB)

3*

Mitchells & Butlers issued a very upbeat trading update its Q1 or 15 weeks to 11 January which encompassed the festive season. The business traded very strongly across the festive season with like-for-like growth of 10.4% over the core three-week period, built on numerous record sales performances through the estate and the brand portfolio. Across the first quarter as a whole like-for-like sales remained well ahead of the market growing by 3.9% despite the notable adverse, albeit temporary, impact of very cold ...from WealthOracle

wealthoracle.co.uk/detailed-result-full/MAB/1147

MAB – Mitchells & Butlers

4*

Mitchells & Butlers posted strong FY24 results this morning confirming that the business continues to extend its recovery from the Pandemic and kick on to new highs. Total revenue was £2,610m up from FY 2023 £2,503m and Operating profit of £312m was up 41.2% from prior year on a 52-week basis. Statutory PBT was up to £199m from a loss of £13m a year earlier with basic EPS up to 25p from a losss of 0.7p in FY23. Adjusted EPS was 26.4p ...from WealthOracle

wealthoracle.co.uk/detailed-result-full/MAB/1026

Most stocks are going to take big hits due to the disastrous budget

Blimey, disaster here lately..

Decided to take a small tranche here at 268p - was going to wait for the budget to see how much beer is taxed at but wtf - the share looks cheap to me on the back of decreasing food inflation and reduced energy bills - lets see

gla dyor etc