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On the Rise Again: M&B's Strong Half-Year Performance Navigating through the industry's ups and downs, it's encouraging to see Mitchells & Butlers (M&B) marking a significant achievement in its recent half-year results. Achieving nearly £1.4bn in total sales is no small feat. It's a testament to M&B's resilience and strategic focus - an 8.9% growth from the previous year shines a spotlight on their success. The cherry on top? A promising 7% increase in like-for-like sales. Behind these numbers is a tale of each customer's enhanced experience and the dedication of M&B's team across all its esteemed brands. It's clear that a meticulous approach to refining operations and maintaining high standards in customer satisfaction has led to an impressive operating profit boost from £99m to £164m. M&B's Chief Executive, Phil Urban, attributes this success to the Ignite programme's ongoing initiatives and prudent capital investments. These efforts have not only spurred profit recovery but also laid down robust foundational stones for sustained growth. In striving for greater diversity within their brand portfolio, M&B has added yet another feather to its cap - the acquisition of Pesto Restaurants. This move into Italian tapas broadens the horizon for M&B, complementing their already diverse and premium brand portfolio. With no more than £15m set aside for this acquisition, M&B's strategy is clear: calculated expansion and premiumisation for the future. The journey of growth and efficiency continues for M&B, proving they're adept at turning challenges into opportunities. And as always, it's a journey that I, along with many others, will be watching closely. #MitchellsButlers #FinancialResults #HospitalityGrowth

On the Rise Again: M&B's Strong Half-Year Performance Navigating through the industry's ups and downs, it's encouraging to see Mitchells & Butlers (M&B) marking a significant achievement in its recent half-year results. Achieving nearly £1.4bn in total sales is no small feat. It's a testament to M&B's resilience and strategic focus - an 8.9% growth from the previous year shines a spotlight on their success. The cherry on top? A promising 7% increase in like-for-like sales. Behind these numbers is a tale of each customer's enhanced experience and the dedication of M&B's team across all its esteemed brands. It's clear that a meticulous approach to refining operations and maintaining high standards in customer satisfaction has led to an impressive operating profit boost from £99m to £164m. M&B's Chief Executive, Phil Urban, attributes this success to the Ignite programme's ongoing initiatives and prudent capital investments. These efforts have not only spurred profit recovery but also laid down robust foundational stones for sustained growth. In striving for greater diversity within their brand portfolio, M&B has added yet another feather to its cap - the acquisition of Pesto Restaurants. This move into Italian tapas broadens the horizon for M&B, complementing their already diverse and premium brand portfolio. With no more than £15m set aside for this acquisition, M&B's strategy is clear: calculated expansion and premiumisation for the future. The journey of growth and efficiency continues for M&B, proving they're adept at turning challenges into opportunities. And as always, it's a journey that I, along with many others, will be watching closely. #MitchellsButlers #FinancialResults #HospitalityGrowth

In Q3 we posted double-digit top & bottom-line growth and our three largest markets – the U.S., Canada and the UK – each grew net sales revenue, volume and share year-to-date. It's another contributor to our multi-year growth trajectory. We expect full-year growth in 2023 and believe we can lap these results in 2024, as well. https://lnkd.in/exNqg74k

Core business volatility offset by cross sell stability, cross sell becomes a hedge against core business risks. Cross Sell YoY growth 21% Core business YoY growth 19% https://lnkd.in/gpaaavR9

1.7 million bars sold in the month of June! Our highest sales month yet... This is a CELEBRATION. We started 6 years ago and I remember our first month we sold about 2400 bars. Honestly, it feels like we’re always 4 seconds, and one wrong decision away from crashing and burning . I know for some people that’s hard to believe but it’s the truth. Building our own manufacturing plant, figuring out how to be a relevant brand, And ensuring that we deliver epic product, is way more intense and stressful than we ever thought it would be. So when Vanessa, our COO/CFO, told us that in June, MDS broke our record for most bars sold in a single month, we got REALLY AMPED!!! Here’s to everyone at MDS who makes this happen every day. To our team, thank you for all the effort you give everyday.   To our retailers who took a chance on us, thank you. To our community, without you we don't have MDS. To our investors, thanks for leaping and taking the risk. We’re going to keep going, no matter how many fires we have to deal with Or how many headwinds we have ahead of us, the hard days are hard but when you get to feel the wins there’s nothing like it! LFG Mid-Day Squares! #cpg #grocery #retail #sales #finance #foodandbeverage #chocolate

It is great to see Britvic continue to progress against our strategic priorities in our Q3 trading statement released yesterday, as consumer demand continues to thrive ahead of our key summer trading period. In Great Britain, we saw revenue grow 10.1% which is a strong result. Enduring, great quality brands, combined with volume growth in retail and hospitality, has contributed to our robust performance for the quarter. We also announced two exciting acquisitions to join our already impressive portfolio of quality brands. The first is Jimmy’s Iced Coffee in Great Britain. This is another major consumer brand in a high potential market that is seeing significant growth, of which Jimmy’s Iced Coffee is the fastest growing brand in the segment. The second is energy drink brand Extra Power in Brazil as we extend our brand portfolio and regional footprint in the area. With these encouraging results, our full year revenue and report is on track to be within current market expectations, supported by our portfolio of leading family favourite brands and accelerated growth strategy. Check out our Q3 trading statement in full below. https://lnkd.in/ebunTFpT #Britvic #Q3Results

Thank you, Mary K. Pratt for including me in this great feature. Read below to see how IT leaders are helping their enterprises to drive top-line revenue!

After a busy start to our financial year at Britvic plc, it was good to take a pause this week and look back at our performance going into 2024. Our Annual General Meeting took place in London yesterday, as well as the announcement of our Q1 results, and we welcomed a number of questions from our shareholders on our performance, positioning and outlook for the year.   We discussed how as a category, soft drinks are one of the most innovative, resilient and dynamic in the UK. We have and continue to weather a storm of uncertainty, but we’re pleased to have begun with a positive start to the year, with revenue increasing by 6.9% and both retail and hospitality channels in growth. Consumer confidence is indeed improving[1], and this was reflected by strong December trading across our portfolio, with group revenue up 12.1%, over the recent Christmas period.   We also shared some thoughts on the year ahead and our Healthier People, Healthier Planet achievements so far. You can read more about our performance below.   https://lnkd.in/etyJH8Z9   #BVIC #Q1Results [1] https://lnkd.in/eN73XPKw

Pitch Update: All that you need to know about the latest pitches, reviews and account wins in the UK market place in June 2024! #pitchupdate #pitching

🍔 The 4th quarter is upon us, fast food franchise owners! Are you ready for the bustling holiday season? Dive into our guide filled with tips on managing cash flow, inventory, labor costs, and more. Let's finish the year strong! 💪 Click here to read more! https://lnkd.in/gk_uFd6n