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18.06.26 - 08:42
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Whitbread Q1 LFL Sales Up 2% (AFX)
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DUNSTABLE (dpa-AFX) - Whitbread (WTB.L) reported that its total Group sales were up 2% year-over-year to 727 million pounds for the 13 weeks to 28 May 2026. Like-for-like sales growth was 2%, for ......
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18.05.26 - 19:06
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Whitbread′s reset is slow. But angry US hedge fund doesn′t have a better idea | Nils Pratley (The Guardian)
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Demand for 'formal sale' is odd for slew of reasons including five-year plan analysts say is 'sensible, credible and material'The big strategy reset a fortnight ago from Whitbread, owner of Premier Inn, got a ho-hum response from the stock market for understandable reasons. The company said shutting Beefeater and Brewers Fayre restaurants, or converting the space to hotel rooms, would involve up-front costs. Most of the goodies in the five-year plan, unveiled only two years after the last one, are intended to come towards the end of the period, which makes them less certain in the eyes of the market.The big prize, according to Whitbread's chief executive, Dominic Paul, would be an improvement in annual returns on capital from a pedestrian 11% to a decent 16%. But shareholders, already digesting a whack from Rachel Reeves's changes to business rates, would have to wait awhile for the “higher-margin, higher-returning pure-play hotel business” to appear. Continue reading......
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18.05.26 - 12:36
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Whitbread Investor Pushes for Sale (WSJ EN)
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Investor Corvex Management called for a sale of the Premier Inn owner as the company struggles to turn around a weak performance and a trailing share price....
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18.05.26 - 10:09
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CORVEX MANAGEMENT CALLS FOR SALE OF WHITBREAD PLC (PR Newswire)
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Demand Follows Utter Lack of Engagement from Board on Meaningful Strategic and Structural Reform and Continued Adherence to Unacceptable, Value-Destructive Five-Year Plan After Years of Chronic Share Price Underperformance, Sale of the Company is Only Credible Path to Unlocking......
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04.05.26 - 15:54
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Hotels: Premier Inn rückt Motel One auf die Pelle (FAZ)
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Der britische Hotelmarktführer Whitbread hat sich vor zehn Jahren nach Deutschland gewagt. Nun führt der Konzern 71 Premier-Inn-Häuser, macht hierzulande erstmals Gewinn – und strebt die Marktführerschaft an....
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30.04.26 - 10:54
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Last Beefeater and Brewers Fayre restaurants to close, with loss of 3,800 jobs, Premier Inn owner says (The Guardian)
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Whitbread to call time on restaurants in UK and Ireland blaming higher costs and taxes for latest strategic resetPremier Inn owner Whitbread is to cut about 3,800 jobs in the UK and Ireland and shut its remaining Beefeater and Brewers Fayre restaurants as it resets its five-year business strategy, amid tax rises and pressure from a US activist investor.The cuts will affect about 12% of Whitbread's 30,000-strong workforce in the UK and Ireland working in its Beefeater and Brewers Fayre restaurants, which are usually located next to, or inside, Premier Inn hotels. The company said consultations with affected employees would begin immediately. Continue reading......
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