Mitchells & Butlers plc (MBPFF) Q4 2025 Earnings Call Prepared Remarks Transcript

PresentationPhil UrbanCEO & Executive Director Good morning, ladies and gentlemen, and welcome to the prelims presentation for Mitchells & Butlers for our financial year '24-'25. I'm pleased to be able to report another successful year where we outperformed the market once again in all categories. We delivered 4.3% like-for-like sales growth and 5.8% operating profit growth despite the impact of employees National Insurance, which hit the second half by an unexpected GBP 11 million. With the lowest team tur ...