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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Jul- 2020 -17 JulyNews
What to expect from pubs and cafes during the pandemic
As Coronavirus restrictions begin to ease up around the U.K., a limited number of pubs, bars, restaurants, and cafes are looking to serve customers by August. Regulated to outdoor dining and self-catering accommodation, independent businesses are expected to function at a turnover of 25% of pre-lockdown levels. Thus, only half…
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2 JulyNews
Mitchells and Butlers swings to £121m loss
Mitchells and Butlers sales fell by 12.4% to £1.04bn in the half-year ended 11 April, while adjusted operating profit was £108m, down from £151m the year prior. In light of the pandemic and consequent lockdown, the group fell to a pre-tax loss of £121m. The group also made an operating…
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Jun- 2020 -12 JuneNews
Mitchells & Butlers secures £100m loan, 45,000 jobs safeguarded
Mitchells & Butlers has secured £100m of additional funding from HSBC UK and Santander UK as part of the Coronavirus Large Business Interruption Loan Scheme (CLBILS). The move will support the pub operator through the “continued disruption” caused by the pandemic. In addition, it has reportedly safeguarded the jobs of…
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Apr- 2020 -16 AprilCoronavirus
Mitchells and Butlers furloughs 99% of staff
Mitchells and Butlers announced it has furloughed 99% of its workforce in light of the ongoing coronavirus pandemic. The announcement came as the leading operator of managed restaurants and pubs, including Harvester, Toby Carvery, All Bar One and Miller and Carter, announced a series of measures to reduce its cost…
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Nov- 2019 -21 NovemberPubs and Bars
Mitchells and Butlers celebrates ‘strong year of trade’
Mitchells and Butlers has announced a “strong year” of trading and profit growth in its latest full-year report. The pub and restaurant group’s like-for-like sales increased by 3.5%, despite “challenging market conditions” facing the industry. Operating profits leapt to £317m, up £14m from last year’s results of £303m. Meanwhile, pre-tax…
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Apr- 2019 -5 AprilBusiness
Greggs, McDonald’s and Wetherspoons named top brands for consumers
Greggs and McDonald’s have been named the top brands within on the go and quick service sectors, while JD Wetherspoon leads the way in high street bars, according to the 2019 Brand Momentum Report from CGA and Stone and River. The analysis of consumers’ views of dozens of big brands…
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Aug- 2018 -6 AugustPubs and Bars
Aprirose acquires Wear Inns for £22.4m
Aprirose, the real estate investment company which owns QHotels, has acquired Wear Inns, a community pub estate based in North East England, for £22.4m from BGF and NVM Private Equity. Wear Inns was founded in 2006 and has a portfolio of 25 pubs across the North East and Yorkshire. The…
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2 AugustPubs and Bars
Mitchells and Butlers reports 0.4% sales increase as food businesses take a hit
Pub, bar and restaurant operator Mitchells and Butlers has reported a like-for-like total sales increase of 0.4% in its year-to-date financial results, as its food-led businesses experienced a poor performance. Like-for-like sales for the 11-week period grew by 0.9% with the group saying it had “very strong performances” in its…
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May- 2018 -16 MayPubs and Bars
Mitchells and Butlers see profits slip amid cold weather and rising costs
Pub group Mitchells and Butlers has reported a profit drop of 5.4% to £141m compared with the same period last year. The company behind Harvester, Toby Carvery and All Bar One said that it was “adversely impacted” by an estimated £8m due to weather as well as disposals made last…
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Mar- 2018 -16 MarchPeople
Hospitality apprentices are the most in demand, says Adzuna
With National Apprenticeship Week concluding last week (5 – 9 March), a study of over 8,600 apprenticeship positions by job search engine Adzuna revealed the types of apprenticeships most in demand. The study, which uses Adzuna’s live job market data, showed that there are currently 1,351 advertised hospitality and catering…
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