StockMarketWire.com - Restaurant and pub operators Mitchells & Butlers reported a 0.4% increase in total sales in the year to date, with like-for-like sales growing 0.9% in the 11 weeks to 28 July as strong drinks sales offset a drop in food-led businesses.

"Sales performance since the half year was impacted by England's prolonged success in the World Cup and the sustained hot weather. Trading was polarised across the company, with the wet-led part of the business delivering very strong growth, but some of the more food-led formats, particularly the carvery businesses, were negatively impacted. However, we have been encouraged to see sales recover now that the World Cup has finished and as we continue on our longer-term journey," said Phil Urban, Chief Executive.

Cost headwinds remained largely unchanged and were expected to lead to margins being lower than last year.

The company has opened five new sites and completed 228 conversions and remodels in the financial year to date.















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