
NEWSFLOW
Mitchells & Butlers (#MAB) – H1 loss £165m, notes net debt & “almost all sites now open”
- 2021-05-19 07:23:47
A “First Quarter Trading Update” from restaurants and pubs company Mitchells & Butlers (MAB) includes that it currently has cash balances on hand of £125 million and that Chief Executive Phil Urban has “every confidence that we can emerge in a strong competitive position once the current restrictions on us are lifted”. So why a current 7% lower share price response, to around 220p?...