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WTBDY / Whitbread launches £300mln buyback after 'fantastic' results

Whitbread launches £300mln buyback after 'fantastic' results
Whitbread underlined its recovery from Covid by announcing a £300mln buyback following full-year results that showed revenues jumping by over 50%%. The Premier Inn and Harvester owner also upped its final dividend to 49.8p, at a cost of £100mln, to more than double the level a year ago. Read More
Posted: Apr 25 2023, 03:16
Author Name: Proactive Investors
Views: 111569

WTBDY News  

Whitbread results pave way for further upgrades, says City analysts

By Proactive Investors
October 18, 2023

Whitbread results pave way for further upgrades, says City analysts

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 lifts dividend by 40% as profit and revenue jumps

By Proactive Investors
October 18, 2023

Whitbread lifts dividend by 40% as profit and revenue jumps

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 expects strong demand despite tough UK backdrop - Citi

By Proactive Investors
September 15, 2023

Whitbread expects strong demand despite tough UK backdrop - Citi

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 picking up market share as independents dwindle – analyst

By Proactive Investors
July 24, 2023

Whitbread picking up market share as independents dwindle – analyst

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 benefiting from widening quality gap at Premier Inns

By Proactive Investors
July 7, 2023

Whitbread benefiting from widening quality gap at Premier Inns

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 and Butlers 'not interested' in Whitbread brands - report

By Proactive Investors
June 27, 2023

Mitchells and Butlers 'not interested' in Whitbread brands - report

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

Whitbread Announces “Outstanding” Trading At Premier Inn As Group Sales Rise 19%

By Forbes
June 22, 2023

Whitbread Announces “Outstanding” Trading At Premier Inn As Group Sales Rise 19%

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 upbeat on outlook as sales grow

By Proactive Investors
June 22, 2023

Premier Inn owner Whitbread upbeat on outlook as sales grow

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


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