Share Price Information for Mitchells & Butlers (MAB) From 20/02/2012

Share Price: 276.80	Bid: 276.60	Ask: 276.90	Change: 3.20 (+1.17%)
Spread: 0.30 Spread as %: 0.11% Open: 272.80 High: 277.00 Low: 272.50 Yesterday’s Close: 273.60 http://www.lse.co.uk/SharePrice.asp?shareprice=MAB These below are some of the factors of M&B. http://www.ft.com/cms/s/0/60fdcfda-5ca8-11e1-ac80-00144feabdc0.html#axzz1sQTgZJ6V M&B figure it out, the three candidates to be chief executive after the job was rejecting by three high-profile industry executives amid concerns at the influence the results by the pub group’s dominant shareholder, Joe Lewis.  In addition M&B denied it had ever approached Mr Emeny and Mr Tye to be chief executive. Both men declined to comment.Mr Ivell mentioned that he was going to find a new chief executive, after he was appointed in October 2012. Interestingly, Simon Emeny who is managing director of Fuller Smith & Turner, and Mike Tye, chief executive of Spirit Pub Co, both rejected informal approaches by M&B potentially to became chief executive.   Also a third candidate, Steve Richards, who is a chief executive operator, that runs Novus, which is a private bar and club, also turned down an approach, according to a person familiar with the situation.  M&B owns All Bar One and Carvey Toby, was fighting to find a permanent chief executive, after the living of Adam Fowle in March 2011. After that the company went through more than 30 changing in the last 3 years, and  the uncertainty helped contribute to a 23% share price dropped in 2011.However, since January shares have risen about 15%, in part because of stronger Christmas sales. M&B shares closed down 2.3% at 270.2p on 21/02/2012.

The closing price at MAB this week

Share Price Information for Mitchells & Butlers (MAB)

Share Price: 273.60	Bid: 273.60	Ask: 273.70	Change: 0.00 (+0.18%)
Spread: 0.10 Spread as %: 0.04% Open: 273.90 High: 275.20 Low: 272.30 Yesterday’s Close: 273.60 http://www.lse.co.uk/SharePrice.asp?shareprice=MAB

 The closing Price at MAB this week

Share Price Information for Mitchells & Butlers (MAB)

Share Price: 275.00	Bid: 275.50	Ask: 276.90	Change: 1.90 (+0.70%)
Spread: 1.40 Spread as %: 0.51% Open: 273.90 High: 275.00 Low: 273.00 Yesterday’s Close: 273.10 http://www.lse.co.uk/SharePrice.asp?shareprice=MAB

Weekly Share Price of M&B

 Share Price Information for Mitchells & Butlers (MAB) week 6 12/02/12

Share Price: 270.60	Bid: 270.60	Ask: 270.80	Change: 0.00 (-1.38%)
Spread: 0.20 Spread as %: 0.07% Open: 273.40 High: 276.30 Low: 269.22 Yesterday’s Close: 270.60

Last 3 months

According to the chart above in the last 9 weeks up to 21st  January 2012 the share of MAB were up 6.5%  assisted the improved weather over this year's Christamas period.

 http://www.lse.co.uk/SharePrice.asp?shareprice=MAB&share=MITCHELLS_&%20BUT

 

The figures in December were successful because of the Christmas sales. Also the weather helped, and encouraged the customers dining at MAB more often during the day. MAB thought that would be a good idea to re-focus the operations and improve the guest experience as it is highly demanded in these days. As result this will help to gain more ability to achieve successfully, develop and grow the business in the year ahead. 

http://www.lse.co.uk/SharePrice.asp?shareprice=MAB

Mitchells & Butlers

The company I have chosen is Mitchells & Butlers. http://www.mbplc.com/

Mitchells & Butlers is the  leading restaurant and pub company in the UK. It started in 1898 and has now become a highly successful company with over 1,600 businesses trading under 13 key brands. The 13 brands include: Sizzling Pubs, Vintage Inn's, Harvester, Ember, Toby Carvery, Crown Carveries, Metro Professionals, Nicholson's, Premium Country Dining Group, O'Neill's, Alex and All Bar One. On average each businesses revenue is over £21,000/week making an operating profit of £180,000/year. M&B is currently worth £70 billion and employs around 40,000 members of staff.

M&B's success is due to their business strategy and vision. Their vision is "To be the first choice for anyone looking to go out for a relaxed, casual meal or drink, whatever the occasion." Their strategy is to ensure customers keep returning and to keep their brands fresh and to maintain and build on their reputation for quality, choice, service and value. 

They continue to use the strength of their brands to expand their business and develop more sites. This results in more customers and an increase in their purchasing and marketing thus increasing the companies return on investment. 

M&B has positioned itself in the marketplace to take advantage of the increased demand for eating out in the UK. They have become a food-led business opening new sites where there is a high demand for eating out. Food is now M&B's largest selling product growing 30% over the last four years. Nearly three quarters of their sales to customers using their business for eating purposes. 

Mitchells & Butlers Pub