Mitchells & Butlers published a recent financial report.
A group that owns all Bar 1 Harvester and Toby Carbrey has discovered that profits will decrease from £ 1.47 billion to 1.6 billion pounds.
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The group also posted a loss of a loss of £ 123 million last year to £ 42 million. Group sales are below the pandemic level.
“Despite the inevitable tasks faced by our business over the past year, we are now in a sufficient position to regain the momentum built when we come out of the pandemic. , S said, Phil Urban, the highest executive officer.
“The trade environment is still challenging, and the cost of the headwind continues to put pressure on this sector.”
Analysts also emphasized the difficulties that Mitchell experienced during pandemic and disappointing activities since the restriction was released.
“It was difficult for Mitchell and Butler for the past few years, but eventually returned to profitability during the second half, but AJ Bell’s investment director Russ Mold said: Masu.
“On the whole year, more than 1 billion pounds passed Till, the result was a UG reading, but it still lost money because it contained a blockade that started in November 2020 and January 2021.
“Currently, we are progressing to sales growth, but the amount is small and the outlook is far from a good thing.”
“Pub and restaurant operators are traditionally prospered from the Christmas party in December, and are nervous on behalf of many companies, especially COVID fees, especially when the number of staff parties in this celebration season. Because it is being shot, I do not want to take the risk of getting sick, and I am worried that many people will be mixed in a crowded room.
