Mitchells and Butlers has reported like-for-like sales for the 28 weeks to 11 April were up 2.5 percent thanks in part to a “very strong” first quarter, putting the operator in a position of strength as it identifies “some indications of macroeconomic pressures.”

Total sales for the half year period reached £1.5bn, while operating profit increased from £181m to £185m year-on-year and guest review scores reached a record high of 4.7 out of five across its entire bar and pub estate.

“We have delivered another robust performance over the first half reflecting continued focus on enhancing guest appeal across our diverse portfolio of brands, driving sales growth through compelling customer offers and disciplined execution,” said CEO Phil Urban. “Maintaining profits despite the significant inflationary cost challenges facing the sector is testament to the dedication of our teams in delivering the benefits of our Ignite and capital programmes.”

The operator added that cost headwinds for the current financial year are anticipated to be approximately £120m before mitigation, with 15 percent of energy costs secured for 2027.

“Despite the backdrop of macro uncertainty our priorities remain unchanged, our guest scores are at record highs, we remain committed to the delivery of quality experiences, and we are well placed to further grow market share.”