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Mitchells and Butlers losses narrow to £42m as sales recover

Mitchells and Butlers said it has demonstrated ‘strong recovery’ on reopening as its second half sales almost doubled to £846m from £436m in H2 FY 2020.

Mitchells and Butlers (M&B) has reported a pre-tax loss of £42m for-the 52 weeks ending 25 September 2021, compared with £123m a year earlier, as its sales recovery starts to take hold.

M&B said it had returned to profitability in recent months and its like-for-like sales were 2.

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