Premier Inn owner Whitbread WTB-1.08%decrease; red down pointing triangle said it expects to increase adjusted profit and generate funds to boost cash returns to shareholders over the next five years.
Whitbread has set a target of making at least £300million more in annual profits and handing investors more than £2billion by 2030 after a first-half earnings slump. The Premier Inn owner said ...
Premier Inn owner Whitbread has ramped up cost saving efforts as its first half profits slumped by more than a fifth, but cheered improved trading in more recent weeks. Premier Inn owner Whitbread ...
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Whitbread, which operates pub-restaurant brands Beefeater and Brewer’s Fayre, has accepted offers on 51 of its sites for £56m. The announcement has been made after the group said it would put 126 ...
Whitbread (GB:WTB) has released an update. Whitbread PLC has repurchased 50,366 of its shares at an average price of £3,327.34 per share, with plans to cancel them, as part of its ongoing buyback ...
Whitbread, which owns Premier Inn and Beefeater, has warned that 6,000 staff could lose their jobs. The company blamed the cuts on a slump in hotel guest numbers since lockdown. It comes as the ...
Whitbread Plc aims to generate more profit and shareholder returns over the next five years after a challenging first half. The Premier Inn owner said it’s making “excellent progress” on its ...
Premier Inn and Beefeater owner Whitbread has raised its interim dividend and announced a share buyback despite flat revenue. The hotel and restaurant chain told markets this morning that revenue ...
Shares in Whitbread rose by almost 5% before falling back in early trading on Tuesday as the hotel and pub company said trading had improved across its UK Premier Inn hotels. Whitbread ...
Premier Inn owner Whitbread has said it expects strong demand for holidays in the UK throughout the summer as Covid restrictions ease further from mid-May. The hotel and restaurant firm forecasts ...