LONDON (dpa-AFX) - Mitchells & Butlers Plc (MLB, MAB.L) posted six-month profit of 36 million pounds or 8.7 pence per share compared to 37 million pounds or 9 pence per share last year.
Before exceptional items and other adjustments, profit for the period rose to 51 million pounds or 12.4 pence per share from 46 million pounds or 11.2 pence per share in the prior year.
Pre-tax profit declined to 42 million pounds from last year's 43 million pounds. Before exceptional items and other adjustments, pre-tax profit for the period increased to 68 million pounds from 63 million pounds in the year-ago period.
Six-month revenues climbed to 969 million pounds from 946 million pounds in the previous year.
Bob Ivell, executive chairman, said, 'We have remained firmly on the front foot with a relentless focus on actions that will drive the medium and long term success of the business. We are continuing to deliver a resilient operating performance, maintaining the roll-out of our industry-leading brands and progressing our major business change programme. I am pleased with the progress being made to appoint a new CEO and further Non-Executive Directors and look forward to being able to make an announcement at the appropriate time. Despite challenging trading conditions, we remain confident that we can deliver a full year result in line with expectations.'
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