COSTA INVESTOR DAY
12 December 2013
Whitbread PLC announces that it is hosting a Costa Investor Day in London today commencing at 14.30 UK time, for research analysts and institutional investors.
In April 2011, Costa set out its target to double system sales from £659 million to £1.3 billion by 2016. In April 2013, it confirmed that it was on track to achieve this growth milestone and announced a new growth milestone to double Costa’s total system sales to around £2.0 billion by 2018.
Today, Costa will confirm the initiatives in place to achieve the 2018 growth milestone, and give an update on recent sales and contribution margin performance, store and unit growth ambitions by business and the expected capital investment.
A live webcast of the investor day will be available on www.whitbread.co.uk/investors/webcast1.html together with the presentation.
The webcast will be available to view following the event.
For further information:
Nicholas Cadbury, Whitbread PLC +44 (0) 20 7806 5491
Joanne Russell, Whitbread PLC +44 (0) 1582 888633
Anna Glover, Whitbread PLC +44 (0) 7768 917 651
David Allchurch, Tulchan +44 (0) 20 7353 420