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.
-
Nov- 2021 -11 NovemberCatering Companies
Mitchells and Butlers joins Uber Eats
Uber Eats and pub operator Mitchells and Butlers have signed one of the “biggest pub partnerships” in the UK, bringing 1,000 bars, restaurants and pubs to the app. According to the food delivery service, it is Uber’s latest move to support the pub industry after offering discounted rides to pubs…
Read More » -
Sep- 2021 -23 SeptemberBusiness
Mitchells & Butlers sales recover to pre-pandemic levels
Mitchells and Butlers has reported that like-for-like sales have recovered to 97% of pre-Covid levels in the 18 weeks since the indoor reopening of hospitality on 17 May. In a trading update for the 51 weeks ended 18 September 2021, the group attributed this recovery to a 4% rise in…
Read More » -
Jul- 2021 -29 JulyPubs and Bars
Mitchells and Butlers reports ‘volatile’ trading post-lockdown
Mitchells and Butlers has reported “volatile” sales since the reopening of its estate on 17 May 2021. In a recent trading update for the 43 weeks ended 24 July 2021, the group said total sales, including 18 weeks of enforced closure, were at 35% of pre-Covid levels. In the first…
Read More » -
May- 2021 -27 MayPubs and Bars
Hawthorn appoints new chairman
Hawthorn has announced the appointment of Colin Rurtherford as its new chairman. Rutherford has served in chairman and non-executive director roles in the past, including at Mitchells and Butlers where he has been a non-executive director for eight years. He joins CEO Mark Davies, Matt Ward (CFO), Edith Monfries (COO)…
Read More » -
13 MayBusiness
Thunderbird names Nick Moule as head of operations
Thunderbird Fried Chicken has announced the appointment of Nick Moule as the new head of operations at the group. Moule will provide the role with a “wealth of operational experience”, having previously held senior roles at Mitchells and Butlers and Stonegate. During his time at the two groups he was…
Read More » -
Mar- 2021 -11 MarchPubs and Bars
Mitchells and Butlers finalises £350m cash injection
Mitchells and Butlers has confirmed the completion of a £350m funding round, as shareholders raised vital cash for the group. The owner of All Bar One and Toby Carvery has raised £350.5m through the upcoming issuing of 167 million new shares in an open offer. The funding will be used…
Read More » -
Feb- 2021 -22 FebruaryPubs and Bars
M&B’s £350m open offer ‘critical’ for survival
Mitchells and Butlers has announced the launch of an open offer, following an announcement last week that the group intends to raise £350m from shareholders. The board, which includes representatives of the Odyzean Group, a major shareholder of Mitchells and Butlers, said it believes that the open offer is “critical…
Read More » -
16 FebruaryPubs and Bars
Mitchells & Butlers seeks £350m cash injection
Mitchells and Butlers has announced its intention to raise £350m through an underwritten open offer. The proposed offer, which follows an original announcement on 7 January 2021, will include a facility for shareholders to apply for any shares not currently held. A £150m three-year unsecured revolving credit facility has also…
Read More » -
12 FebruaryPubs and Bars
Mitchells and Butlers pub branch announces permanent closure
A Mitchells and Butlers (M&B) pub, in Didsbury Manchester has announced that it will be permanently closing, as ongoing restrictions continue to take a toll on the hospitality sector. In a social media post owners of The Stoker’s Arms stated that due to “circumstances outside of their control” the pub…
Read More » -
Jan- 2021 -7 JanuaryNews
Mitchells and Butlers succumbs to 67% Q1 sales drop
Mitchells and Butlers has announced a 67% decrease in first quarter sales for the 14 weeks ending 2 January 2021 which was attributed to the continuous impact of Covid-19 and the forced closures of all sites. The pub group has seen a steep reduction in sales and was heavily impacted…
Read More »
