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Whitbread plc

WTB.L

Latest Trade

3,091.00GBp

Change

19.00(+0.62%)

Volume

63,430

Today's Range

3,078.00

 - 

3,128.00

52 Week Range

2,672.02

 - 

3,709.00

As of on the London Stock Exchange (LON) ∙ Minimum 15 minute delay

Latest Developments

Whitbread Says Some F&B Supply Chain Issues Eased Over Past Few Weeks - Media Call

Jan 12 (Reuters) - Whitbread PLC <WTB.L>::SAYS SOME SUPPLY CHAIN ISSUES EXPERIENCED AROUND FOOD AND BEVERAGES HAS EASED OVER THE COURSE OF THE PAST FEW WEEKS - MEDIA CALL.SAYS HAVE NOT BEEN "TOO BADLY IMPACTED" BY STAFF SHORTAGES DUE TO WORKERS FALLING SICK - MEDIA CALL.SAYS DON'T HAVE A COMPULSORY VACCINATION POLICY, WE GO WITH WHAT THE GOVERNMENT DESCRIBES AS "RIGHT THING TO DO".Further company coverage: WTB.L. ((Reuters.Briefs@thomsonreuters.com;)).

Whitbread Qtrly Total UK Sales Were 3.1% Ahead Of FY20

Jan 12 (Reuters) - Whitbread PLC <WTB.L>::WHITBREAD - QUARTER TOTAL UK SALES WERE 3.1% AHEAD OF FY20, WITH TOTAL FOOD AND BEVERAGE SALES DOWN 11.1%.WHITBREAD - RESILIENT TRADING IN UK DESPITE ONSET OF OMICRON COVID-19 VARIANT.WHITBREAD - TOTAL UK ACCOMMODATION SALES GROWTH 5.1% AHEAD OF FY20 IN SIX WEEKS TO 6 JANUARY 2022.WHITBREAD - MAINTAIN OUR EXPECTATION THAT PREMIER INN UK LIKE-FOR-LIKE REVPAR RUN RATES WILL RECOVER TO PRE COVID-19 LEVELS DURING 2022.WHITBREAD - SECTOR COST INFLATION IN FY23 EXPECTED TO BE ABOVE HISTORIC AVERAGE LEVELS.WHITBREAD - GOVERNMENT LOCKDOWN RESTRICTIONS ARE ACTING AS A HEADWIND IN GERMAN MARKET.WHITBREAD - OCCUPANCY LEVELS REDUCING TO 36% IN SIX-WEEK PERIOD HEADWIND IN GERMAN MARKET.WHITBREAD - VALUE PUB AND RESTAURANT SECTOR IN WHICH WE OPERATE REMAINS MORE CHALLENGING.WHITBREAD - IT REMAINS TOO EARLY TO ASSESS WHAT IMPACT ON SALES WILL BE FOR REST OF THIS FINANCIAL YEAR.WHITBREAD - CAPITAL EXPENDITURE WILL NOW BE AROUND £275M IN FY.

Whitbread Says CO Will Continue To Engage Constructively With Investors On Topic Of Remuneration

Dec 17 (Reuters) - Whitbread PLC <WTB.L>::WHITBREAD - WILL CONTINUE TO ENGAGE CONSTRUCTIVELY WITH INVESTORS ON TOPIC OF REMUNERATION THROUGHOUT REST OF YEAR.WHITBREAD - FEEDBACK RECEIVED FROM INVESTORS RELAYED TO REMUNERATION PANEL AND WILL BE TAKEN INTO CONSIDERATION BY PANEL IN FUTURE DECISION MAKING.

Whitbread Sets Targets To Reduce Scope 3 Emissions By 43% By 2030

Oct 29 (Reuters) - Whitbread PLC <WTB.L>::WHITBREAD - SETTING TARGETS TO REDUCE SCOPE 3 EMISSIONS BY 43 PER CENT BY 2030, RISING UP TO 57 PER CENT BY 2040..

Whitbread Sees Capex Spend Returning To £350 Mln-£450 Mln In FY23

Oct 26 (Reuters) - Whitbread PLC <WTB.L>::WHITBREAD PLC - WHITBREAD INTERIM RESULTS.WHITBREAD - RECOVERY AHEAD OF EXPECTATIONS AND OUTPERFORMING MARKET.WHITBREAD - PREMIER INN'S RECOVERY IN H1 WAS AHEAD OF EXPECTATIONS.WHITBREAD - REMAIN CONFIDENT IN OUR ABILITY TO EXECUTE ACQUISITIONS AT GOOD RETURNS IN GERMANY.WHITBREAD - HY STATUTORY REVENUE 661.6 MILLION STG VERSUS 250.8 MILLION STG REPORTED A YEAR AGO.WHITBREAD - H1 FY22 STATUTORY REVENUES WERE 39.0% DOWN COMPARED TO H1 FY20.WHITBREAD - SALES RECOVERY IS AHEAD OF EXPECTATIONS, AND WHILE A NUMBER OF UNCERTAINTIES REMAIN.WHITBREAD - HY ADJUSTED PRETAX LOSS 56.6 MILLION STG VERSUS LOSS OF 367.4 MILLION STG REPORTED A YEAR AGO.WHITBREAD - CONFIDENT ON RETURN TO PRE-PANDEMIC UK PROFIT MARGINS, HOWEVER WE WILL HAVE TO WAIT TO ASSESS SPEED OF RECOVERY.WHITBREAD - WILL HAVE TO WAIT TO ASSESS SPEED OF RECOVERY ONCE WE HAVE GREATER VISIBILITY OF LONGER-TERM INFLATION AND SUPPLY CHAIN PRESSURES.WHITBREAD - HY STATUTORY LOSS BEFORE TAX 19.3 MILLION STG VERSUS LOSS OF 724.7 MILLION STG.WHITBREAD - WE ANTICIPATE CAPEX SPEND RETURNING TO £350M-£450M IN FY23, DEPENDING ON LEVELS OF M&A.WHITBREAD - OPERATING ENVIRONMENT IN SUMMER, INTO AUTUMN CHALLENGING DUE TO HIGH OCCUPANCY LEVELS, MARKET-WIDE SUPPLY CHAIN ISSUES, TIGHTER LABOUR SUPPLY.

Whitbread Says Finance Director Nicholas Cadbury Will Be Leaving Co

Oct 15 (Reuters) - Whitbread PLC <WTB.L>::WHITBREAD PLC - DIRECTORATE CHANGE.WHITBREAD - NICHOLAS CADBURY, WHO HAS BEEN GROUP FINANCE DIRECTOR FOR LAST NINE YEARS, WILL BE LEAVING.WHITBREAD - CADBURY WILL TAKE UP POSITION AS CHIEF FINANCIAL OFFICER AT INTERNATIONAL AIRLINES GROUP.WHITBREAD - NICHOLAS WILL STEP DOWN AS AN EXECUTIVE DIRECTOR AND GROUP FINANCE DIRECTOR IN SPRING 2022.

Whitbread Says 64.25% Of Votes Cast In Favour To Approve Remuneration Report

June 17 (Reuters) - Whitbread PLC <WTB.L>::WHITBREAD - 64.25% OF VOTES CAST IN FAVOUR TO APPROVE ANNUAL REPORT ON REMUNERATION AT AGM.

Whitbread Says Total UK Accommodation Sales Down 60.9% In Qtr

June 17 (Reuters) - Whitbread PLC <WTB.L>::WHITBREAD PLC - Q1 FY22 TRADING UPDATE.WHITBREAD - OUTLOOK AND GUIDANCE REMAIN UNCHANGED FROM 27 APRIL 2021.WHITBREAD - NOW TARGETING NET-ZERO CARBON EMISSIONS BY 2040, BRINGING FORWARD ORIGINAL TARGET BY 10 YEARS.WHITBREAD - . 98% OF UK HOTELS, RESTAURANTS NOW OPEN, WITH PREMIER INN UK'S TOTAL ACCOMMODATION SALES PERFORMANCE 11.0 PP AHEAD OF M&E MARKET(1) IN QUARTER.WHITBREAD - TOTAL UK ACCOMMODATION SALES WERE DOWN 60.9% IN QUARTER.WHITBREAD - PLANNED RETURN TO PRE-COVID-19 LEVELS OF HOTEL REFURBISHMENT CAPEX FOR FY22.WHITBREAD - EXPECT LEISURE DEMAND IN COASTAL AND OTHER TOURIST LOCATIONS TO REMAIN VERY STRONG THROUGHOUT SUMMER.WHITBREAD - TRADES BUSINESS DEMAND REMAINS RESILIENT, ALBEIT AT PRICES SOME WAY BELOW PRE-COVID LEVELS.WHITBREAD - OUR EXPECTATION IS THAT OFFICE-BASED BUSINESS DEMAND DOES NOT START TO RECOVER IN EARNEST UNTIL AUTUMN..

Whitbread FY Statutory Loss Before Tax 1,007.4 Mln Stg

April 27 (Reuters) - Whitbread PLC <WTB.L>::WHITBREAD PLC - PRELIMINARY RESULTS ANNOUNCEMENT.WHITBREAD - FY TOTAL SALES WERE DOWN 71.4% YEAR-ON-YEAR.WHITBREAD - EXPECTING TO INVEST OVER £350M OF CAPITAL IN THIS FINANCIAL YEAR.WHITBREAD - OPENING 2-3,000 OF OUR PIPELINE ROOMS IN UK AND C.2,000 ROOMS IN GERMANY IN FY22.WHITBREAD - CONTINUED EXPANSION OF OUR PIPELINE IN GERMANY; TWO ORGANIC HOTELS ALREADY ADDED TO OUR PIPELINE IN FY22.WHITBREAD - NEXT PHASE OF EFFICIENCY PROGRAMME LAUNCHED, TARGETING AN ADDITIONAL £100M OF COST SAVINGS BY FY24.WHITBREAD - FY STATUTORY REVENUE 589.4 MILLION STG VERSUS £2,071.5 MILLION YEAR AGO.WHITBREAD - FY STATUTORY LOSS BEFORE TAX 1,007.4 MILLION STG VERSUS PROFIT OF £280 MILLION REPORTED YEAR AGO.WHITBREAD - FY22 GUIDANCE CAPEX: C.£350M OF WHICH C.£235M IS IN UK, AND C.£115M IS IN GERMANY.WHITBREAD - FY22 GUIDANCE INCREASE IN FINANCING COSTS VERSUS FY20 DUE TO DEBT REFINANCING AND LOWER CASH HELD ON DEPOSIT.

Whitbread Says Taylor Martin Will Be Stepping Down From Board Immediately

March 25 (Reuters) - Whitbread PLC <WTB.L>::WHITBREAD PLC - DIRECTORATE CHANGE.WHITBREAD - TAYLOR MARTIN, NON-EXECUTIVE DIRECTOR, WILL BE STEPPING DOWN FROM BOARD IMMEDIATELY.WHITBREAD - TAYLOR MARTIN, NON-EXECUTIVE DIRECTOR, WILL BE STEPPING DOWN FROM BOARD IMMEDIATELY.WHITBREAD - SUSAN TAYLOR MARTIN WILL BE STEPPING DOWN FROM BOARD IMMEDIATELY FOLLOWING BOARD MEETING ON 22 APRIL 2021.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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