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

You should learn about the 1 warning sign we've spotted with Mitchells & Butlers.

Valuation is complex, but we're helping make it simple.

Find out whether Mitchells & Butlers is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.

View the Free Analysis

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.