LONDON (dpa-AFX) - Mitchells & Butlers Plc. (MAB.L, MLB), an operator of managed restaurants and pubs, Thursday reported 3.3 percent growth in like-for-like sales for eight weeks, and said it expects full-year group operating profit margin to be at a similar level to last year, despite cost headwinds.
Year-to-date, like-for-like sales grew 3.6 percent, with 3.6 percent growth in total sales.
Phil Urban, Chief Executive, said, ' We remain confident of the impact of our Ignite initiatives which will be continually reviewed and refreshed as the business moves forward.'
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