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Mitchells & Butlers plc

MAB.L

Latest Trade

281.80GBp

Change

-4.00(-1.40%)

Volume

4,266,665

Today's Range

280.20

 - 

289.20

52 Week Range

103.77

 - 

340.00

As of on the London Stock Exchange (LON) ∙ Minimum 15 minute delay

Pricing

Previous Close
285.80
Open
285.60
Volume
4,266,665
3M AVG Volume
18.05
Today's High
289.20
Today's Low
280.20
52 Week High
340.00
52 Week Low
103.77
Shares Out (MIL)
596.35
Market Cap (MIL)
1,704.36
Forward P/E
-8.64
Dividend (Yield %)
--

Next Event

Q3 2021 Mitchells & Butlers PLC Trading Statement Release

Latest Developments

More

Mitchells & Butlers Plc Says Ron Robson, Imelda Walsh And Colin Rutherford Will Retire From Board

Mitchells & Butlers H1 Pretax Loss 200 Million Stg

Mitchells & Butlers Says Total Managed Sales Down 69.8% In Period From Sept 27 To Jan 16

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About Mitchells & Butlers plc

Mitchells & Butlers PLC is an operator of managed restaurants and pubs. The Company's portfolio of brands and formats includes Harvester, Toby Carvery, All Bar One, Miller & Carter, Premium Country Pubs, Sizzling Pubs, Crown Carveries, Stonehouse, Vintage Inns, Browns, Castle, Nicholson's, O'Neill's and Ember Inns. The Company's segments are Retail operating business and Property business. The Company also operates Innkeeper's Lodge hotels in the United Kingdom, and Alex restaurants and bars in Germany. The Company also offers Dining Out gift cards. The Company's subsidiaries are engaged in the business of leisure retailing, property leasing, property management and finance. The Company's subsidiaries include Mitchells & Butlers Retail Limited, Mitchells & Butlers Retail (No. 2) Limited, Ha Ha Bar & Grill Limited, Orchid Pubs & Dining Limited, ALEX Gaststatten Gesellschaft mbH & Co KG, Midco 1 Limited and Mitchells & Butlers (Property) Limited.

Industry

Restaurants

Contact Info

27 Fleet Street

B3 1JP

United Kingdom

+44.121.4984000

https://www.mbplc.com/

Executive Leadership

Robert Ivell

Non-Executive Chairman of the Board

Phil Urban

Chief Executive, Executive Director

Ronald Alexander Robson

Non-Executive Deputy Chairman of the Board - Representative of Piedmont Inc.

Tim C. Jones

Chief Financial Officer, Executive Director

Gregory Joseph McMahon

General Counsel, Company Secretary

Key Stats

2.27 mean rating - 11 analysts
Sell
Hold
Buy
Revenue (MM, GBP)

2018

2.2K

2019

2.2K

2020

1.5K

2021(E)

1.1K
EPS (GBp)

2018

30.669

2019

33.466

2020

-5.683

2021(E)

-33.065
Price To Earnings (TTM)
--
Price To Sales (TTM)
2.60
Price To Book (MRQ)
0.89
Price To Cash Flow (TTM)
--
Total Debt To Equity (MRQ)
114.26
LT Debt To Equity (MRQ)
101.88
Return on Investment (TTM)
-3.91
Return on Equity (TTM)
-3.41

Latest News

Latest News

Marston's, M&B expect crowds back in pubs as curbs ease

British pub operators Marston's and Mitchells & Butlers said on Wednesday they expect to see more people at their outlets, as the easing of pandemic-led curbs encourages people to eat out after staying home for months.

Losses at UK's Marston's, M&B widen on pandemic hit; expect pubs filling up as curbs ease

British pub operators Marston's Plc and Mitchells & Butlers Plc on Wednesday reported a bigger half-yearly loss, as stringent coronavirus lockdowns till early this year forced their outlets shut.

British pub group Mitchells & Butlers' sales hit by COVID-19 closures

Mitchells & Butlers on Monday launched an open share offer to raise 351 million pounds ($491.47 million) in additional capital, as it reported a plunge in sales due to the closure of pubs and restaurants in Britain's latest lockdown.

UK pubs group Mitchells & Butlers' sales hit by COVID-19 closures

British pub operator Mitchells & Butlers on Monday reported a plunge in sales as all its sites have been forced shut under Britain's latest lockdown, and launched an open offer to raise 351 million pounds ($491.47 million).

UK pubs group Mitchells & Butlers to raise $486 million

UK pub operator Mitchells and Butlers (M&B) said on Monday it will raise 350 million pounds ($485.98 million) in new equity under a deal with creditors and its main investors that also includes 150 million pounds in new credit lines.

UK pubs group Mitchells & Butlers to raise $486 mln

Mitchells & Butlers said on Monday it intends to raise 350 million pounds ($486.05 million) through an open offer of shares, and has reached an agreement with its bankers for a new credit facility.

UK brewer and pubs group Marston's attracts U.S. private equity approach

Pub group Marston's, brewer of Pedigree, Hobgoblin and Lancaster Bomber beer, has caught the eye of U.S. Platinum Equity Advisors which is looking to make a cash offer for the two-century-old firm, the British company said on Friday.

UPDATE 2-UK's M&B explores capital raise as new lockdown shuts pubs again

Mitchells & Butlers said on Thursday it may need to raise fresh funds as it deals with a new coronavirus lockdown that has shut the British pub operator's sites again after a sharp fall in important holiday quarter sales.

UK's Mitchells & Butlers explores capital raise as lockdown weighs

Mitchells & Butlers said on Thursday it was exploring an equity capital raise, as a new national lockdown shut the British pub operator's sites across England, though it added that no decision had been made yet on its timing, size or terms.

REFILE-UPDATE 3-UK pub operators cut jobs as swing to losses on lockdowns

* M&B to cut 1,300 jobs, Fuller's says total employees down 20%

CORRECTED-UPDATE 2-UK pub operators report losses, job cuts as lockdown pain builds

* M&B to cut 1,300 jobs, Fuller's says total employees down 20%

UK's Mitchells & Butlers braces for 'challenging' market on tighter COVID-19 curbs

Mitchells & Butlers Plc <MAB.L> on Thursday posted a massive sales slump and said its outlook remains "challenging and uncertain" in the face of new curbs for British pubs and restaurants to tackle a surge in COVID-19 cases.

UK's Mitchells & Butlers posts sales slump as pandemic hits demand

Mitchells & Butlers said on Thursday total sales for 51 weeks ended Sept. 19 fell 35%, due to store closures and sharp slump in demand amid widespread COVID-19 restrictions.

UPDATE 1-Mitchells & Butlers swings to H1 loss as it prepares to reopen pubs

Mitchells & Butlers posted a first-half loss on Thursday and said it was uncertain about consumer demand and how its pubs and restaurants will function with strict social distancing measures, as it gears up to reopen most of its sites in England on July 4.

Mitchells & Butlers swings to H1 loss, uncertain on reopening sites

Britain's Mitchells & Butlers on Thursday posted a first-half loss as pubs were shuttered during the lockdown and flagged uncertainty around the re-start of business on July 4 as stricter social distancing measures are put in place.

Mitchells & Butlers secures debt waivers to ride out pandemic

Pub owner Mitchells & Butlers Plc said on Friday it had obtained debt waivers from its creditors in exchange for an agreement to not return money to shareholders or repay bond debt until at least September 2021.

REFILE-UPDATE 1-Pub owner Mitchells & Butlers avoids debt default, furloughs nearly all staff

Mitchells and Butlers said on Tuesday it had avoided a technical debt default until May 15, as it braced for a longer lockdown of its UK pubs and restaurants and cast doubt on how they would reopen.

BRIEF-Mitchells & Butlers Says Could Breach Secured Financing Arrangements Due To Site Closures

* IT IS POSSIBLE THAT FORCED CLOSURE OF OUR SITES COULD AMOUNT TO A TECHNICAL BREACH OF OUR SECURED FINANCING ARRANGEMENTS

Mitchells & Butlers gets reprive to avoid technical debt default

Pub chain Mitchells & Butlers has obtained a waiver until May 15 to avoid a technical default on its debt obligations due to closures under Britain's coronavirus lockdown, and the company has enough cash left to fund its business into the second half of the year, it said...

BRIEF-Mitchells & Butlers Says Could Breach Secured Financing Arrangements Due To Site Closures

* IT IS POSSIBLE THAT FORCED CLOSURE OF OUR SITES COULD AMOUNT TO A TECHNICAL BREACH OF OUR SECURED FINANCING ARRANGEMENTS

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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