June 27, 2018 / 6:12 AM / 4 months ago

Whitbread says Costa demerger making 'good progress'

June 27 (Reuters) - Britain’s Whitbread said on Wednesday that it had made “good progress” on Costa Coffee’s demerger and reported a 1.3 percent fall in UK like-for-like first-quarter sales.

Total sales rose 3.5 percent and comparable sales in Costa Coffee fell 2 percent compared to a 1.1 percent rise last year. (Reporting by Sangameswaran S in Bengaluru)

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