Pub groups Marston's and Mitchells & Butlers see share prices suffer as rising costs and cold snap take their toll



Pub groups Marston's and Mitchell & Butlers have seen their share prices suffer today after revealing that mounting costs and poor weather had taken their toll financially.
Marston's share price is down nearly 10 per cent, while All Bar One owner Mitchell & Butler's is down more than 5 per cent, having recovered slightly from bveing 7 per cent down this morning.
Chris Wickham, an analyst at Equity Development, said: 'While both pub groups appear confident about the full-year outlook, it's clearly still tough out there, so I wouldn't be surprised to see more consolidation across the... read more

 
16 May 2018 in Business, Views: 76
Source: Daily Mail
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