Covid impact: 'With the support of our main stakeholders, we are now well placed to emerge in a strong competitive position and look forward to the removal of remaining trading restrictions,' M&B's Phil Urban explained
Despite takings tumbling by 79% during the six months to 10 April, the CEO of the firm behind Toby Carvery and All Bar One believes it can emerge from pandemic restrictions in a ‘strong competitive position’.
In its most recent half year results statement, the Birmingham-based operator of more than 1,700 venues revealed that revenue plummeted to just £219m from £1.04bn during the first half of the previous financial year.