- Total sales up 4.9% including food sales up 7.8%
- Operating profit up 1.1% and operating margin at 16.3%
- EBITDA returns of 21% achieved on expansionary capex invested over the last two years
- Net debt reduced by over £400m; net debt:EBITDA now at 4.7 times
- Like-for-like sales in FY 2011 of +2.6% with food like-for-like sales of +4.8%
- Like-for-like sales growth of 2.0% in first 8 weeks of FY 2
Tuesday 22 November 2011
M & B announces profits up
Pub Company Mitchells & Butlers have today announced an increase in profits:
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