Mitchells & Butlers — H1 2020 Earnings Presentation

5 slides from Mitchells & Butlers's earnings presentation, 2020

Slide 1: Half Year Results 2020
Half Year Results 2020 –1–
Slide 2: Call agenda
Call agenda Phil Urban, Chief Executive Officer • Performance pre Covid-19 • Re-opening Tim Jones, Chief Financial Officer • Financial statements • Liquidity and financing • Looking forward Q&A –2–
Slide 3: Phil Urban, CEO: Performance pre Covid-19 and re-opening
Phil Urban, CEO Performance pre Covid-19 • Over three years sustained market out-performance • Ignite driving sales and efficiencies • Strong brands, locations and experienced management team Re-opening • 90% of sites are due to be re-opened by the end of July • Safety first approach • Bar Alex prov
Slide 4: Tim Jones, CFO: Financial statements, liquidity and outlook
Tim Jones, CFO Financial Statements • Half year trading includes nearly four weeks of closure • First time adoption of IFRS16 (Leases) • Property valuation and impairment review Liquidity and financing • Strong platform of liquidity and financial flexibility built around downside scenario of closure
Slide 5: Questions
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