Mitchells & Butlers Share News (MAB)

LONDON BROKER RATINGS: Barclays raises Breedon but cuts Domino's Pizza

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:

ShoreCap upgrades Mitchells & Butlers to 'buy'

(Sharecast News) - Shore Capital upgraded Mitchells & Butlers on Thursday to 'buy' from 'hold' as it said robust trading year-to-date points to strong trading in FY24.

FTSE 100 hits 7-week low as inflation climbs, China data weighs

UK inflation rate rises to 4% in Dec

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LONDON MARKET CLOSE: Stocks slump as Fed rate cut hope dwindles

(Alliance News) - European equities slumped on Wednesday, as interest rate expectations, on both sides of the Atlantic, were re-assessed on the back of some hawkish rhetoric and hotter inflation data.

London close: Stocks slip after surprise jump in UK inflation

(Sharecast News) - London's financial markets experienced a downturn on Wednesday, as a surprising increase in UK inflation and sluggish Chinese GDP growth impacted investor sentiment.

Mitchells & Butlers on track for 2024 growth after festive success

(Alliance News) - Mitchells & Butlers PLC on Wednesday said that sales from its strong festive season had continued into 2024, and expects full year results to be at the "top end" of expectations.

Mitchells & Butlers gives confident outlook as festive sales jump

(Sharecast News) - Harvester, Toby Carvery and All Bar One owner Mitchells & Butlers said it expects full-year results to be at the "top end" of expectations after a solid first-quarter performance with sales rising strongly over the key festive period.

UK shareholder meetings calendar - next 7 days

Numis upgrades JD Wetherspoons on strong Christmas trading

(Sharecast News) - Shares in pub owner JD Wetherspoon were rising on Thursday on the back of positive comments from Numis, which upgraded its rating on the stock from 'reduce' to 'buy' after factoring in the company's recent improvement in trading.

LONDON BROKER RATINGS: JPMorgan raises Compass and Marston's

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning:

London close: Stocks mixed after US, Europe inflation data

(Sharecast News) - London's markets finished with a mixed performance on Thursday, with the top-flight index lifted by the likes of BP and Shell.

TOP NEWS: Mitchells & Butlers swings to loss as hit by higher costs

(Alliance News) - Mitchells & Butlers PLC on Thursday reported growth in annual revenue and said it has kicked off the new year strongly, but it swung to a loss.

Mitchells & Butlers shares drop as full-year profits sink

(Sharecast News) - Shares in Mitchells & Butlers dropped on Thursday after the restaurants, pubs and bars group reported a big drop in annual profits on the back of significant cost headwinds and property valuation movements, which outweighed strong sales growth over the year.

LONDON BRIEFING: Dr Martens warns on US recovery; Metro Bank cuts jobs

(Alliance News) - The FTSE 100 is called to open higher, with focus on Thursday on inflation readings from the eurozone and US.

IN BRIEF: Grafton promotes Hays's Susan Murray to senior director

Grafton Group PLC - Dublin-headquartered building materials supplier and DIY retailer - Non-Executive Director Susan Murray will succeed Hampden Smith as senior independent director at the conclusion of its annual general meeting in 2024. Smith will step down from the board after "almost nine years". Murray is also a non-executive director of Hays PLC, and was formerly a non-executive director at Mitchells & Butlers PLC and Compass Group PLC. From 1992 to 1998 she was chief executive officer of the Pierre Smirnoff Co, part of Diageo PLC. Grafton also hires Mark Robson as a non-executive director, effective December 1, to succeed Smith as chair of its Audit & Risk Committee.