Mitchells & Butlers plc
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Philip Charles Urban
- Full Time Employees
- 50,191
- Sector
- Consumer Cyclical
- Industry
- Restaurants
- Address
- 27 Fleet Street Birmingham WM United Kingdom B3 1JP
- IPO Date
- Mar 14, 2013
- Website
- mbplc.com
- Similar Companies
- Business
- Mitchells & Butlers plc operates as one of the United Kingdom's largest managed pub, bar and restaurant companies, headquartered in Birmingham, England, with origins tracing back to a 1898 brewery merger; the current entity was formed in 2003 and is listed on the London Stock Exchange as a FTSE 250 constituent. The company manages approximately 1,784 venues primarily across the UK, with additional operations through its ALEX brand in Germany, offering diverse eating and drinking experiences targeted at casual diners, families, tourists and urban professionals. Its core brands and offerings encompass All Bar One (stylish city bars); Miller & Carter (premium steakhouses); Nicholson's (historic tourist pubs); Toby Carvery (carvery restaurants); Harvester (family salad bar and grill); Browns Restaurants (brasserie-style dining); Vintage Inns, Ember Inns and Premium Country Pubs (traditional country dining pubs); Stonehouse Pizza & Carvery (pizza and carvery fusion); Crown Carveries; O'Neill's (Irish-themed bars); Sizzling Pubs (value pub dining); and others including Son of Steak, Castle, Ego Mediterranean and Oak Tree pubs. In its fiscal year 2025 ended September 2025, Mitchells & Butlers reported total revenue of £2,711 million, up from £2,610 million the prior year, with adjusted operating profit rising 5.8% to £330 million and like-for-like sales growth of 4.3% outperforming the market; net debt excluding leases fell to £843 million following strong cash flows. Recent strategic initiatives included expanded capital expenditure of £181 million, completing 216 projects such as 199 remodels, 13 conversions and four small acquisitions that delivered approximately 35% returns on remodels, alongside the acquisition of Pesto Restaurants Limited comprising 10 Italian eateries. The company continues to advance its Ignite improvement programme for operational efficiency amid sector cost pressures, while maintaining record guest satisfaction, employee and safety metrics, and initiating FY2026 with 3.8% like-for-like sales growth in the first eight weeks.
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Mitchells & Butlers jumps after upbeat results and signs of early-year momentum
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