M&B profits up despite lack of Olympic ‘bounce’
28th September 2012
BIRMINGHAM-based pubco Mitchells & Butlers has seen a pick up in sales in recent weeks.
The firm has recorded 3% like-for-like sales growth in the nine weeks to September 15 and 2.1% in the year to date.
M&B says there was little discernible impact on sales overall from the Olympic and Paralympic Games, although some businesses located near Games venues did benefit.
The firm says operating margins are showing progress from the half year as anticipated, however full year margins are still expected to be......for the full story register now for free or login below...
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