Join our community of smart investors

Mitchells & Butlers encouraged by recent sales

The pub group faces more challenges in the form of rising energy and wage costs
Mitchells & Butlers encouraged by recent sales
  • Post-period sales up on pre-pandemic levels
  • Pub group recently signed new £150m three-year unsecured facility

For much of the year prior to the pandemic, shares in Mitchells & Butlers (MAB) were changing hands at a discount to underlying assets, but that situation reversed on the back of rising sales volumes, prompting broker upgrades by the end of 2019. Then the world fell poorly.

To continue reading...
Join our Community of Smart Investors
  • Independent full-length company analysis
  • Actionable investment ideas and recommendations
  • Expert investment tools and data
  • Stock screens from Algy Hall
Have an account? Sign in