Turnover £m*
Operating profit £m***
Earnings per share p***
- Average weekly take per pub up 8% to £15.2k
- Food and drink volumes up 7%
- Net operating cash flow*** up 18% to £284m
- Post-tax cash returns above 10%
*
comparatives restated for the Amendment
to FRS 5
**
excludes Inns & Other, disposed
of in 2001
***
before exceptional items
The Pine Marten, Vintage Inns, Harrogate
The Pine Marten (pictured above) is an excellent example of creative investment and the diverse range of sites within the Mitchells & Butlers estate. Dating back to 1828, this pub is a beautiful listed building, full of interest and warmth with its ornate features, high ceilings, open log fires and inviting garden.
Turnover
£1,560m
Up 4% from £1,504m (2003)
EBITDA*
£393m
Up 5% from £374m (2003)
Operating profit*
£285m
Up 4% from £275m (2003)
Profit before tax*
£184m
Down 8% from £199m** (2003)
Net operating cash flow***
£284m
Up £43m from £241m (2003)
Earnings per share*
22.2p
Up 21% from 18.4p** (2003)
Basic earnings per share
22.4p
Up 32% from 17.0p (2003)
Total dividend per share
9.5p
*
Before exceptional items.
**
On a pro forma basis.
***
Before exceptional items and after net capital expenditure.
Print page