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Whitbread PLC (WTB.L)

WTB.L on London Stock Exchange

4,035.00GBp
28 Apr 2017
Change (% chg)

-15.00 (-0.37%)
Prev Close
4,050.00
Open
4,041.00
Day's High
4,041.00
Day's Low
4,008.00
Volume
791,410
Avg. Vol
656,085
52-wk High
4,402.00
52-wk Low
3,283.00

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Tue, Apr 25 2017

Britain's FTSE edges up, Whitbread sinks on deteriorating consumer outlook

LONDON, April 25 British shares edged higher on Tuesday as a strong Europe-wide market rally after the first round of the French election dissipated and investors focused on corporate results which indicated tougher times ahead for consumer goods stocks.

UPDATE 2-Britain's Costa Coffee-owner Whitbread sees tougher times ahead

* Says can still meet expectations for financial year (Adds CEO comments)

Britain's FTSE edges up, Whitbread sinks on deteriorating consumer outlook

LONDON, April 25 British shares edged up on Tuesday as a strong Europe-wide market rally after the first round of the French election dissipated, with investors' focus back on corporate results which indicated tougher times ahead for consumer goods stocks.

Costa Coffee-owner Whitbread says expects consumer confidence to dip

April 25 Britain's Whitbread Plc, which runs the Costa Coffee chain and Premier Inn hotels, said it expected the consumer environment to deteriorate next year.

BRIEF-Whitbread says full-year underlying profit before tax up 6.2 pct

* Costa opened 255 net new stores worldwide and we continue to roll out our successful and fast growing costa travel formats.

UPDATE 2-Whitbread to stick to London hotel growth plan despite slowdown

* Costa Coffee sales prove bright spot (Adds CEO quote, details)

Whitbread sales rise as Costa Coffee strengthens

Jan 26 Whitbread Plc posted a 8.6 percent rise in total sales for the third quarter as underlying sales at its Costa Coffee chain strengthened due to new advertising and promotional campaigns.

BRIEF-Whitbread says Q3 total sales growth of 8.6 pct

* On track to deliver full year results in line with expectations

BRIEF-Whitbread concludes hotel deals in Westminster, Farringdon

* Announces today it has completed two sale and leaseback transactions on Prime London Hotels

BRIEF-Whitbread sees about 150 mln stg cumulative cost efficiencies over next five years

* We will outline our investment in business and provide examples of our cost efficiency programme

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