A trading statement from Mitchells & Butlers (MAB) has shed light on a difficult fourth quarter for the pub group.
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A rainy August led to a loss of sales momentum from the World Cup, and cautious consumer spending continued to hinder sales growth. Overall, total sales growth for the 51 weeks to 20 September was 3.8 per cent, with flat like-for-like sales. Flat sales and a lower spend per head also hurt margins, which are still below 2013 comparatives.
