Mitchells & Butlers Full Year 2023 Earnings: Revenues Beat Expectations, EPS Lags
Mitchells & Butlers (LON:MAB) Full Year 2023 Results
Key Financial Results
Revenue: UK£2.50b (up 13% from FY 2022).
Net loss: UK£4.00m (down by 131% from UK£13.0m profit in FY 2022).
UK£0.007 loss per share (down from UK£0.022 profit in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Mitchells & Butlers Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 3.3%. Earnings per share (EPS) missed analyst estimates.
Looking ahead, revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Hospitality industry in the United Kingdom.
Performance of the British Hospitality industry.
The company's shares are down 7.3% from a week ago.
Risk Analysis
We should say that we've discovered 1 warning sign for Mitchells & Butlers that you should be aware of before investing here.
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