Mitchells & Butlers PLC released its full-year results for the 52 weeks ended September 28, 2024, reporting strong financial performance. The companys like-for-like sales grew by 5.3%, with an operating profit of ยฃ312 million, a 41.2% increase from the prior year. The operating margin strengthened to 12.0%, and net debt, including leases, was reduced by ยฃ197 million. The reported results for the 53-week period in 2023 showed a total revenue of ยฃ2,503 million, an operating profit of ยฃ98 million, and a loss before tax of ยฃ13 million. The adjusted operating profit for the 52-week period in 2023 was ยฃ221 million, with adjusted earnings per share of 15.6p. The companys cash inflow before bond amortization was ยฃ185 million, and it reduced its net debt to ยฃ989 million. Mitchells & Butlers PLC also reported strong performances across all market segments and completed nearly 200 investment projects, yielding strong returns. The current trading update for FY 2025 shows a strong start, with like-for-like sales growth of 4.0% in the first seven weeks.