Mitchells and Butlers 16 weeks LFL sales up 4 pct, future demand uncertain |
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Thu, 01 Feb 2007 08:37
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LONDON (AFX) - Pub group Mitchells & Butlers PLC said like-for-like sales for the 16 weeks to Jan 20 were up 4 pct, rising 2.4 pct on an un-invested basis.The company, which operates the Harvester and All Bar One chains, said food sales were up 7.2 pct within that period and drinks sales up 2.9 pct.In Scotland, it said overall like-for-like sales were up 0.4 pct, with food up 5 pct, but drinks down 2 pct.The group added that given the recent interest rate rise, it is uncertain whether consumer demand will continue at current levels.newsdesk@afxnews.comsjm/rwCOPYRIGHTCopyright AFX News Limited 2006. All rights reserved.The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News.AFX News and AFX Financial News Logo are registered trademarks of AFX News Limited
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Mitchells & Butlers plans to return £500 million to shareholders 