Mitchells & Butlers said today that it may need to raise fresh funds as it deals with a new coronavirus lockdown that has shut the British pub operator’s sites again after a sharp fall in important Christmas quarter sales.
Read the full article on the Reuters website
NAM Implications:
- Q1 sales plunge 67.1% says it all…
- An indicator of the extent of lockdown damage…
- …for which no one can be expected to budget.
- Leaving cut-to-fit as a final option, hopefully…
