Pub operator M&B reports strong full-year profits; shares rally

Countries in the European Union provide 86% of lettuces and 70% of tomatoes, according to the British Retail Consortium (BRC).The stock was also boosted by speculation about possible sector dealmaking after the recent takeovers of rivals Greene King and Ei Group , RBC analysts said.Like other British pub operators, Mitchells & Butlers has had to cope with higher costs, most notably from increased wage and property costs, following Britain's vote to leave the European Union.