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Mitchells pauses for breath

Full-year results from pubs and restaurant group Mitchells & Butlers (MAB) have made its shares pause for breath following a substantial re-rating on the back of turnaround hopes. While showing some encouraging signs, the results served as a reminder that new chief executive, Alistair Darby, still has a job on his hands.

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By Algy Hall,
27 November 2012

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