Full Year 2023 Mitchells & Butlers PLC Earnings Call Transcript
Right. Good morning, ladies and gentlemen, and welcome to the results presentation for Mitchells & Butlers this morning. We're delighted to be able to announce what we think is a very strong years trading, 9.1% like-for-like sales growth. Our operating profit up 17.6%, once you adjust for the government support we enjoyed in FY '22. Our strongest-ever guest review scores and our people metrics back to where they were pre-COVID.
Whilst we understand that we still have challenges of our head, we now look forward with a new level of confidence, given our strong and unparalleled estate and brands the fact that macro-driven cost headwinds seem to be abating and given the fact that our capital and Ignite programs of work are full and we're on with those as I speak. I will take you through our current priorities and roadmap a little later, but first, Tim will take you through the financials.
Morning.
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
