Mitchells & Butlers Share News (MAB)
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(Alliance News) - Mitchells & Butlers PLC on Thursday said that year-to-date sales had declined, as it warns that inflationary cost pressures present a "major challenge" to the business and the wider hospitality sector.
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July 21 (Reuters) - British pub operators Mitchells & Butlers and Fuller, Smith & Turner warned on costs on Thursday as the sector scrambles to protect margins and attract customers.
Read moreJuly 13 (Reuters) - UK's blue-chip FTSE 100 fell on Wednesday after hotter-than-expected U.S. inflation data slammed global markets, while a surprise growth in Britain's economy failed to assuage recession worries.
Read moreJuly 13 (Reuters) - Britain's J D Wetherspoon warned of losses this year as costs for labour, repairs and marketing eat into its bottom line, and said 'natural beer drinkers' belonging to an older population were staying away from pubs, hurting its sales.
Read more(Alliance News) - Late-morning buying action saw European equities largely move into the green on Friday afternoon, after struggling for direction in earlier dealings, as a choppy week draws to a close.
Read more(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Friday.
Read more(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:
Read moreLONDON, July 4 (Reuters) - The number of pubs operating in England and Wales is the lowest on record, research showed on Monday, as surging energy costs combine with a shortage of workers to threaten the future of a much-loved British institution.
Read more(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:
Read moreMay 18 (Reuters) - Two major British pub operators on Wednesday warned that expenses stemming from the Russia-Ukraine war and the cost of living crisis would crimp their profits, suggesting a tough year ahead for an industry still recovering from the pandemic.
Read more(Alliance News) - Mitchells & Butlers PLC on Wednesday said it swung to a half-year profit as more people socialised in their pubs and restaurants following the easing of Covid restrictions.
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(Sharecast News) - Pub group Mitchells & Butlers said on Wednesday that it swung to a first-half profit as sales continued to recover, but warned over cost headwinds.
Read more(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Monday:
Read more(Alliance News) - BP on Tuesday said it swung to a first-quarter loss due to its decision to exit from its shareholding in Rosneft in response to Moscow's invasion of Ukraine; however on an underlying basis, the oil major reported a big jump in profit.
Read moreLONDON BROKER RATINGS: Barclays lifts ITV and S4 Capital to Overweight
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