All Whitbread articles – Page 13
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News
Whitbread eyes 40 'compact' Premier Inns by 2018
Whitbread plans to have 40 of its new “compact” version of Premier Inn, called “hub by Premier Inn”, in place or in the pipeline by 2018
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Whitbread Hotels & Restaurants appoints new FD
Whitbread Hotels & Restaurants has appointed Bhavesh Mistry, formely of Anheuser-Busch InBev, as its new finance director
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Whibread Q1 LFLs up 3.1%, restaurants flat
Whitbread has reported a 3.1% rise in Q1 like-for-like sales, with Costa again leading the growth with like-for-likes up 8% but with flat like-for-likes in its restaurants division
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Sector pledges 30k more jobs for young people
A number of companies in the hospitality and tourism sector including Whitbread and SSP have between them pledges to create a further 30,000 new jobs for young people by 2015
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NewsRollo: Weather to hit Whitbread restaurants
A leading analyst has said that he expects Costa to have seen strong trading (+3%) helped by the poor weather, when it gives its Q1 trading update on 18 June.
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NewsWhitbread CEO receives share options worth £1.4m
Andy Harrison, chief executive of Whitbread, has been awarded shares worth £896,854 under a new three-year incentive scheme, in addition to shares to the value of £492,594 as a bonus for the company’s recent strong performance.Under the long-term incentive plan, which relates to performance across the three years to 29 ...
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Collyer upgrades Whitbread to Buy
Leading analyst Geof Collyer has upgraded Whitbread from Hold to Buy saying that he saw the self-help element of the company’s long term growth story as “fundamentally appealing, providing a significant degree of comfort for our forecasts over the next five years”.He said: “Whilst we do not at this juncture ...
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Campbell to become Whitbread Restaurants COO
Neil Campbell, international operations excellence director at Costa, is to replace Peter Blake as chief operating officer at Whitbread Restaurants, M&C Report understands.
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Current trading at Whitbread to be mixed
A leading analyst has said that Whitbread’s full-year results, which are due at the end of this month, should come in-line or slightly ahead of expectations but current trading is likely to be mixed.Jamie Rollo at Morgan Stanley said: “We forecast EBIT of £379m (+10%), PBT of £353m (+10%), EPS ...
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Whitbread FD trims stake
Nicholas Cadbury, group finance director at Whitbread, has raised over £15.1k after trimming his stake in the Costa and Brewers Fayre operator.Cadbury sold 600 shares in the company at 2522.88p.He joined the company last September after stepping down as Premier Farnell’s chief financial officer.
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Analyst reaction to Whitbread update
Leading analysts Geof Collyer at Deutsche Bank, Simon French at Panmure Gordon and Wyn Ellis at Numis take a look at the trading update from Whitbread. Collyer pointed out it was the first time he thought that Whitbread had cited increased competition in its outlook statement. He said: “The chief ...
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News
Collyer raises Whitbread forecast
Geof Collyer, leading analyst at Deutsche Bank has raised his forecast and target price for Whitbread, after the company reported headline revenues this morning that were better than he had estimated.He said: “Whitbread’s YTD trading (50 weeks to 14 Feb) continues the strong performance of the past few years with ...