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 £312 million, a 41.2% increase from the prior year. The operating margin strengthened to 12.0%, and net debt, including leases, was reduced by £197 million. The reported results for the 53-week period in 2023 showed a total revenue of £2,503 million, an operating profit of £98 million, and a loss before tax of £13 million. The adjusted operating profit for the 52-week period in 2023 was £221 million, with adjusted earnings per share of 15.6p. The companys cash inflow before bond amortization was £185 million, and it reduced its net debt to £989 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.