{"id":5232,"date":"2026-09-24T06:47:08","date_gmt":"2026-09-24T06:47:08","guid":{"rendered":"https:\/\/www.vaultinsider.top\/?p=5232"},"modified":"2026-09-24T06:47:08","modified_gmt":"2026-09-24T06:47:08","slug":"mitchells-butlers-gains-from-cost-control-daily-business","status":"publish","type":"post","link":"https:\/\/www.vaultinsider.top\/?p=5232","title":{"rendered":"Mitchell’s & Butlers gains from cost control \u2013 Daily Business"},"content":{"rendered":"

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All Bar One is one of Mitchell\u2019s & Butlers brands<\/em><\/figcaption><\/figure>\n

Pubs group Mitchell\u2019s & Butlers, which owns chains such as Harvester, Toby Carvery, All Bar One and Miller & Carter, has posted a \u201crobust\u201d trading performance and expects costs to fall.<\/p>\n

Like-for-like sales growth of 2.1% in the year to date is ahead of the market and the group said it enters its new financial year with confidence.<\/p>\n

The company forecasts cost headwinds to fall from \u00a3120m in FY26 to approximately \u00a395m if FY27, equivalent to around 4% of the cost base. <\/p>\n

\u201cSupported by ongoing Ignite initiatives and the benefits of our capital investment programme, we remain well positioned to mitigate these pressures and deliver further operating profit growth,\u201d it said.\u00a0 \u00a0<\/p>\n

Phil Urban, chief executive, added: \u201cWe are pleased to see like-for-like sales return to growth in the fourth quarter, with trading performance ahead of the market, demonstrating the strength and resilience of our diverse portfolio of brands.<\/p>\n

\u201cLooking ahead, we enter the new financial year with confidence. Normalised cost headwinds, combined with our ongoing efficiency initiatives and a proven capital investment programme, provide a strong platform for further growth in earnings and long-term shareholder value.\u201d<\/p>\n

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