Mitchells and Butlers
Coverage explores the strategy, financial performance, and brand portfolio activity of one of the UK’s largest managed pub and restaurant operators. Reporting includes developments across core brands such as Harvester, Toby Carvery, Miller & Carter, All Bar One, and Ember Inns; estate investment and digital ordering; menu pricing; and evolving customer proposition. Insight is designed for operators, suppliers, and investors tracking mid-market dining, carvery and grill formats, and value-led group strategies across suburban and high-street locations.
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Apr- 2023 -25 AprilFood and Drink
Mitchells and Butlers acquires Ego Restaurants
Mitchells and Butlers has announced its intention to acquire the remaining 60% stake in Ego Restaurants that it does not already own. The deal is set to be completed in June and will be done for an undisclosed amount. Mitchells and Butlers entered a joint venture with the James Horler-led…
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Feb- 2023 -7 FebruaryGovernment
UKH supports govt’s new apprenticeship campaign
UKHospitality has partnered with the Department for Education to secure new advertising for apprenticeships in both catering and hospitality as part of the government’s ‘Career Starter Apprenticeships’ campaign. Due to UKH’s efforts, the hospitality sector will be the latest to join the likes of construction, healthcare and education as part…
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Jan- 2023 -12 JanuaryPubs and Bars
Mitchells & Butlers welcomes strong festive trading in Q1
Mitchells and Butlers has welcomed continued strong trading over the festive season, as like-for-like sales rose by 10.4% in its first quarter, with trading bolstered by the Christmas period. The group made a strong start to the financial year, with like-for-like sales up by 6.5% over the ten weeks to…
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Dec- 2022 -8 DecemberRestaurants
Poke House appoints co-country head
Poke House has announced the appointment of Robert Wickenden as UK co-country head as the brand expands its presence in the market. Wickenden joins Poke House after two years overseeing Deliveroo’s expansion across international markets. Prior to his role at Deliveroo, he has held a number of roles focused on…
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7 DecemberPubs and Bars
M&B profits hit £240m in FY22
The operator of managed restaurants and pubs, Mitchells and Butlers, has achieved an adjusted operating profit of £240m for the 52 weeks ending 24 September 2022, compared to only £29m the previous financial year. M&B reports that its profits have “broadly” recovered to pre-pandemic levels, excluding the impact of energy…
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Sep- 2022 -16 SeptemberEducation
Hospitality sector calls for Hospitality Apprenticeships Week support
Hospitality trade bodies, charities and training providers have united to help promote Hospitality Apprenticeships Week 2022, calling on the wider industry to support the initiative. Hospitality Apprenticeships Week, which is set to run between 3 and 9 October, aims to showcase the “unique and diverse” career pathways that the sector…
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Jul- 2022 -22 JulyPubs and Bars
Mitchells & Butlers sales slow amid inflationary pressures
Mitchells and Butlers has reported that like-for-like sales have fallen 0.9% in the 42 weeks ended 16 July 2022 (Q3), compared to pre-Covid levels in 2019, dropping from a 3.8% growth in Q2. The company said inflationary cost pressures continue to present a “major” challenge to the business and to…
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Mar- 2022 -7 MarchPubs and Bars
Revolution Bars bolsters senior team with new hires
Revolution Bars Group, the operator of Revolution, Revolución de Cuba, Playhouse and Founders and Co, has bolstered its senior team with two new hires. The move will see its executive team move to a female majority for the first time ever, “outlining its ongoing commitment to diversity and inclusion with…
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Jan- 2022 -13 JanuaryPubs and Bars
Mitchells and Butlers Q1 sales hit by Omicron impact
Mitchells and Butlers saw like-for-like sales decline by 6% during the 15-week period ending 8 January 2022 as the impact of the Omicron variant hit. The group said that the impact was particularly felt in the most recent four weeks, over the festive season, during which like-for-like sales have been…
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Nov- 2021 -25 NovemberPubs and Bars
Mitchells and Butlers losses narrow to £42m as sales recover
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 2.7% higher than…
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