MoneyAM MoneyAM
 Home   Log In   Register   Our Services   My Account   Contact   Help 
 Stockwatch   Level 2   Portfolio   Charts   Research   Share Price   Awards   Indices   Market Scan   Company Zone   Traders' Room 
 Funds   Trades   Terminal   Alerts   Heatmaps   News   Stock Screener   Forward Diary   Forex Prices   Director Deals   Investors' Room 
 CFDs   Shares   SIPPs   ISAs   Forex   ETFs   Videos   Comparison Tables   Spread Betting   Broker Notes   Shares Magazine 
You are NOT currently logged in

Filter Criteria  
Epic: Keywords: 
From: Time:  (hh:mm) RNS:  MonAM: 
To: Time:  (hh:mm)
Please Note - Streaming News is only available to subscribers to the Active Level and above

Mitchells & Butlers posts rise in Christmas sales

Mitchells & Butlers said trading through the three-week festive season was "strong", with like-for-like sales growing by 3.9% on-year.

Christmas Day was a record taking day, the company said, with like-for-like sales growing by 5.4% and 225,000 meals sold.

However, adverse weather conditions in the lead up to Christmas limited sales growth to 1.6% over the full seven-week period since the company's last update.

On an unadjusted basis, like-for-like sales growth in the year to date was 1.1% and total sales had increased by 0.5%, impacted by asset disposals in the prior year.

"We are pleased to have delivered continued strong trading results over the important festive period in the face of difficult weather for many of our guests, indicating the attractiveness of our offers in a competitive market," chief executive Phil Urban said.

Story provided by