Good financial performance and on-plan for full-year results Sale of Costa to The Coca-Cola Company for £3.9 billion approved by shareholders UK network increased to over 74,000 rooms, with a committed pipeline of over 13,000 rooms Strong pipeline in Germany with around 6,000 rooms to be delivered by 2021
Whitbread is the highest ranked UK business in its sector in the Dow Jones Sustainability Index (DJSI), latest results reveal. The Dow Jones Sustainability Index (DJSI) is the leading global index that evaluates the sustainability performance of over 2,000 companies worldwide. As the UK’s largest hospitality company, Whitbread is committed to
Whitbread PLC (“Whitbread” or the “Group”) is pleased to announce that it has entered into an agreement for the sale of Costa Limited (“Costa”), one of the world’s leading coffee brands, to The Coca-Cola Company (“Coca-Cola”), for an enterprise value of £3.9 billion (the “Transaction”). Transaction highlights Sale of
Group total sales growth of 3.2% and good progress with efficiency savings Expect to deliver full year results in-line with expectations Premier Inn UK total accommodation sales growth of 4.3% driven by investment in new hotels Costa UK total sales growth of 5.2% through new store growth and Costa
Whitbread PLC has today announced the appointment of Richard Gillingwater as a Non-Executive Director and Senior Independent Director with effect from 27 June 2018. Richard will fill the vacancy left by Adam Crozier when he became Chairman in March. As with all appointments to the Board, Richard’s appointment follows
Whitbread PLC announces intention to demerge Costa Over the last few years Whitbread’s Board has rigorously and regularly reviewed its strategy and structure and has for some time been of the view that separating Premier Inn and Costa, at the right time, would enable long-term value to be optimised
Strong UK performance and a step-change in international momentum Strong growth of Premier Inn1 in the UK at a consistently good return on capital Costa focused on increased demand for convenience through active channel shift & continued excellent growth of Costa Express Premier Inn Germany expansion materially accelerated with over
Whitbread announces a significant acquisition of a portfolio of 19 hotels in Germany, an important step in scaling its business internationally. Whitbread announces today the acquisition of a portfolio of 19 hotels in Germany, from Foremost Hospitality Group GmbH, for an undisclosed sum. This acquisition will give Premier Inn
Good total sales growth of 6.8% YTD and on track to meet full year expectations Third quarter total group sales growth of 5.6% Group UK like-for-like sales growth of 0.3% reflecting recent tougher market conditions Premier Inn UK third quarter growth of 5.0% driven by investment in new hotel
Whitbread announces today that its Chairman, Richard Baker, will be retiring from the Board at the next financial year end, 28 February 2018, having completed nearly nine years service on the Board, including the last four years as Chairman. He will be succeeded by Adam Crozier, currently the Senior
