MITCHELLS+ BUTLERS PLC financials
MITCHELLS+ BUTLERS PLC
Country: GB Reporting currency: GBP Latest annual report: 2025-09-27
LEI:
213800JHYNDNB1NS2W10 ISIN: GB00B1FP6H53 Financial statements
(GBP, as reported — unscaled; 97 line items across 2 annual periods)
| Line item | 2025 | 2024 |
|---|---|---|
| Income statement | ||
| Revenue | £2.71B | £2.61B |
| Operating profit (EBIT) | £322.0M | £300.0M |
| Finance costs | £100.0M | £109.0M |
| Profit before tax | £238.0M | £199.0M |
| Income tax expense | £61.0M | £50.0M |
| Profit for the year | £177.0M | £149.0M |
| Total comprehensive income | £245.0M | £436.0M |
| Per share | ||
| Basic EPS | £0.30 | £0.25 |
| Diluted EPS | £0.29 | £0.25 |
| Free cash flow / share | £0.33 | £0.39 |
| Cash flow statement | ||
| Cash generated from operations | £480.0M | £503.0M |
| Net cash from operating activities | £368.0M | £386.0M |
| Net cash from investing activities | -£179.0M | -£154.0M |
| Purchase of PP&E (capex) | £169.0M | £152.0M |
| Purchase of intangibles | £12.0M | £2.0M |
| Net cash from financing activities | -£173.0M | -£170.0M |
| Repayments of borrowings | £0 | £1.0M |
| Lease liability payments | £39.0M | £41.0M |
| Net change in cash | £16.0M | £62.0M |
| Balance sheet | ||
| Total assets | £5.39B | £5.25B |
| Non-current assets | £5.07B | £4.94B |
| Property, plant & equipment | £4.59B | £4.42B |
| Right-of-use assets | £291.0M | £307.0M |
| Intangible assets & goodwill | £28.0M | £20.0M |
| Current assets | £324.0M | £302.0M |
| Inventories | £26.0M | £27.0M |
| Trade & other receivables | £79.0M | £98.0M |
| Cash & equivalents | £216.0M | £176.0M |
| Total equity | £2.82B | £2.57B |
| Non-current liabilities | £1.88B | £2.02B |
| Long-term borrowings | £900.0M | £1.04B |
| Lease liabilities (non-current) | £392.0M | £414.0M |
| Current liabilities | £694.0M | £662.0M |
| Short-term borrowings | £174.0M | £143.0M |
| Lease liabilities (current) | £42.0M | £33.0M |
| Trade & other payables | £473.0M | £482.0M |
| Deferred tax liabilities | £546.0M | £491.0M |
| Derived metrics | ||
| Free cash flow | £199.0M | £234.0M |
| Operating margin | 11.9% | 11.5% |
| Net margin | 6.5% | 5.7% |
| Return on equity | 6.3% | 5.8% |
| Cash conversion ratio | 2.08× | 2.59× |
| Capex coverage | 2.18× | 2.54× |
| Other reported items | ||
| Adjustments For Amortisation Expense | £3.0M | £4.0M |
| Adjustments For Decrease Increase In Inventories | £1.0M | -£1.0M |
| Adjustments For Decrease Increase In Trade and Other Receivables | £16.0M | £44.0M |
| Adjustments For Increase Decrease In Trade and Other Payables | -£17.0M | £8.0M |
| Adjustments For Provisions | -£3.0M | -£1.0M |
| Adjustments For Sharebased Payments | £9.0M | £7.0M |
| Capital Redemption Reserve | £3.0M | £3.0M |
| Cash and Cash Equivalents If Different From Statement of Financial Position | £181.0M | £164.0M |
| Cash Flows From Used In Operations Before Changes In Working Capital | £484.0M | £454.0M |
| Current Derivative Financial Liabilities | £4.0M | £2.0M |
| Current Finance Lease Receivables | £1.0M | £1.0M |
| Current Recognised Liabilities Defined Benefit Plan | £1.0M | £1.0M |
| Current Tax Assets | £2.0M | £0 |
| Current Tax Liabilities | £0 | £1.0M |
| Decrease Increase Through Tax On Sharebased Payment Transactions | — | -£1.0M |
| Deferred Tax Assets | £2.0M | £3.0M |
| Effect of Exchange Rate Changes On Cash and Cash Equivalents | £1.0M | -£1.0M |
| Finance Income | £9.0M | £10.0M |
| Gains Losses On Cash Flow Hedges Before Tax | £10.0M | -£34.0M |
| Gains Losses On Disposals of Property Plant and Equipment | £1.0M | £2.0M |
| Income Tax Relating To Components of Other Comprehensive Income That Will Be Reclassified To Profit Or Loss | £4.0M | -£6.0M |
| Income Tax Relating To Components of Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss | £13.0M | £116.0M |
| Income Taxes Paid Refund Classified As Operating Activities | £24.0M | £18.0M |
| Increase Decrease Through Sharebased Payment Transactions | £9.0M | £6.0M |
| Interest Expense Income Defined Benefit Plans | -£7.0M | £2.0M |
| Interest Received Classified As Operating Activities | £9.0M | £9.0M |
| Issue of Equity | £1.0M | — |
| Issued Capital | £51.0M | £51.0M |
| Liabilities | £2.58B | £2.68B |
| Net Assets Liabilities | £2.82B | £2.57B |
| Noncurrent Derivative Financial Assets | £15.0M | £19.0M |
| Noncurrent Derivative Financial Liabilities | £11.0M | £27.0M |
| Noncurrent Finance Lease Receivables | £10.0M | £11.0M |
| Noncurrent Provisions | £13.0M | £12.0M |
| Noncurrent Recognised Assets Defined Benefit Plan | £132.0M | £164.0M |
| Noncurrent Recognised Liabilities Defined Benefit Plan | £21.0M | £24.0M |
| Other Comprehensive Income | £68.0M | £287.0M |
| Other Comprehensive Income Before Tax Gains Losses On Remeasurements of Defined Benefit Plans | -£18.0M | £166.0M |
| Other Comprehensive Income Before Tax Gains Losses On Revaluation | £88.0M | £254.0M |
| Other Comprehensive Income That Will Be Reclassified To Profit Or Loss Net of Tax | £11.0M | -£17.0M |
| Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss Net of Tax | £57.0M | £304.0M |
| Other Noncurrent Payables | £0 | £8.0M |
| Payments To Acquire Or Redeem Entitys Shares | £5.0M | £7.0M |
| Proceeds From Issuing Shares | £1.0M | £0 |
| Proceeds From Sales of Property Plant and Equipment Classified As Investing Activities | £1.0M | £1.0M |
| Purchase of Treasury Shares | £5.0M | £7.0M |
| Reclassification Adjustments On Cash Flow Hedges Before Tax | -£5.0M | -£11.0M |
| Reserve of Cash Flow Hedges | -£10.0M | -£21.0M |
| Reserve of Exchange Differences On Translation | £14.0M | £14.0M |
| Retained Earnings | £1.20B | £1.03B |
| Revaluation Surplus | £1.21B | £1.14B |
| Sale Or Issue of Treasury Shares | £0 | £0 |
| Share Premium | £358.0M | £357.0M |
| Treasury Shares | £10.0M | £9.0M |
Methodology
Every line item above is a fact tagged in MITCHELLS+ BUTLERS PLC's annual report
filed in the European Single Electronic Format (ESEF) under the IFRS
taxonomy (ifrs-full) — the income statement, balance sheet
and cash-flow statement as the filer reported them. Values are shown
as-is, in the reporting currency (GBP), without
rescaling; the row labels map to the underlying concept name (e.g.
Revenue → ifrs-full:Revenue, Operating profit →
ifrs-full:ProfitLossFromOperatingActivities, Diluted EPS →
ifrs-full:DilutedEarningsLossPerShare), and any concept
without a curated label is shown under “Other reported items” with its
de-camel-cased tag name. Only consolidated, default-member facts are
shown (segment / dimensional breakdowns are excluded).
“Derived metrics” (free cash flow, margins, ROE, …) are computed from those facts by the same model the U.S. financials pages use — not tagged by the filer.
Source: machine-readable OIM xBRL-JSON aggregated by filings.xbrl.org (XBRL International). Entity identity is resolved by LEI via the public-domain GLEIF register. This is reference data, not investment advice.