Pub and restaurant operator Mitchells & Butlers reveals that strong trading levels through the core three-week festive season was strong, with like-for-like sales growth of 3.9%.
Christmas Day was a record taking day with like-for-like sales growth of 5.4% and 225,000 meals sold.
Over the full seven- week period since the last update , sales performance has been encouraging, although impacted by the adverse weather particularly in the run up to the Christmas. T
Adjusting to align calendar dates, like-for-like sales growth was 1.6% over the previous 7 weeks and 2.2% in the year to date.
The company said it continued to make good progress with plans to build a more balanced estate, in particular ‘premiumising’ its offers where possible and reducing the remodel lifecycle.
Mitchells & Butlers has opened two new sites and completed 114 conversions and remodels in the financial year to date and remain encouraged by returns being generated. The company expects to complete around 270 remodels and conversions in the full year.