WTBDY / Whitbread expects strong demand despite tough UK backdrop - Citi

Whitbread PLC (LSE:WTB) impressed at its interims and the results have gone down well in the City with shares top of the FTSE 100 risers, up 2.5%. Je more_horizontal

Whitbread PLC (LSE:WTB) boosted the dividend 40% as it reported strong demand lifted revenue and profits. The owner of Premier Inn also launched a ne more_horizontal

Whitbread PLC (LSE:WTB) attracted positive comment from Citi and Barclays helping push shares 1.2% higher at 3,673p, taking its increase year-to-date more_horizontal

Whitbread PLC (LSE:WTB) profits will grow year-on-year as it gains new market share with the number of industry players continuing to shrink, a resear more_horizontal

Whitbread is trouncing the opposition in the hotel business currently according to analysts at Peel Hunt. Following a strong first quarter trading upd more_horizontal

Mitchells & Butlers PLC (LSE:MAB), the hospitality operator, has played down the likelihood of it acquiring Whitbread PLC's (LSE:WTB) pub and restaura more_horizontal

Strong UK trading and continued recovery in Germany meant the budget hotelier enjoyed strong revenues growth in the last quarter. more_horizontal

Premier Inn owner Whitbread said it is positive in its full-year outlook as the hotel chain operator reports an uptick in first-quarter sales. Total more_horizontal