Pub firm Mitchells & Butlers holiday sales rise 9.8 percent

Pub firm Mitchells & Butlers holiday sales rise 9.8 percent
A pint of beer is served through rows of beer pumps at the Campaign For Real Ale Great British Beer Festival at Earls Court in London August 2, 2011. REUTERS/Luke MacGregor/File Photo Copyright Luke MacGregor(Reuters)
Copyright Luke MacGregor(Reuters)
By Reuters
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(Reuters) - British pub operator Mitchells & Butlers Plc <MAB.L> on Thursday reported a 9.8 percent rise in comparable sales for the three-week holiday season, but warned about the ongoing uncertainty around Brexit.

The company, which operates more than 1,800 pubs, bars and restaurants and owns brands such as All Bar One, Harvester and Toby Carvery, said it remains cautious about the outlook until the political and macroeconomic landscape becomes clearer.

Total sales rose 5.1 percent over the 14-week period, the company said.

(Reporting by Samantha Machado in Bengaluru; Editing by Bernard Orr)

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