Operation of hotels, restaurants and coffee shops,Whitbread Group Plc is a UK based hospitality company, managing several popular brands, including Premier Inn, Table Table, Brewers Fayre, Taybarns, Beefeater and Costa Coffee. The company�s headquarters are based in Dunstable, Bedfordshire. The company was founded as a brewery by Samuel Whitbread and Thomas Shewell in 1799 but, after a long history of brewing, the company decided in 2001 to sell all its breweries and brewing interests to Interbrew. Today the group employs over 40,000 people and serves 10 million customers every month in over 2,000 outlets across the UK.

,Final Ex-Dividend Date MAY-2011

Whitbread PLC is the UK's largest hotel and restaurant group operating market-leading businesses in budget hotels, restaurants and coffee shops. Its well-loved brands are Premier Inn, Beefeater, Brewers Fayre, Table Table, Taybarns and Costa.


Whitbread PLC employs over 40,000 people globally and serves over 11 million customers every month in over 2,000 outlets across the UK.


Whitbread has outlined five-year growth milestones (to 2015/16) to increase the number of Premier Inn UK rooms by nearly 50% to at least 65,000, add 80-100 new Restaurants and to nearly double the size of Costa with global system sales of £1.3bn and 3,500 stores worldwide.

Whitbread PLC results for the 53 week financial year to 3 March 2016


· Group total sales growth of 12.0% and like for like sales2 growth of 3.0%
· Premier Inn total sales growth of 12.9% and like for like sales up 4.2%
· Costa total sales growth of 15.9%, system sales up 15.3% and UK like for like sales up 2.9%
· Group return on capital3 of 15.3% (2014/15: 15.7%) includes investments in future hotel openings
· Strong cash generated from operations of £782.2 million which funded capital investment4 of £724.9 million
· Strong balance sheet with year-end net debt of £909.8 million (2014/15: £583.2 million)

Numis Hold 3,969.00 4,000.00 4,000.00 Reiterates

Panmure Gordon Hold 3,969.00 3,800.00 3,800.00 Reiterates

sp has caught fright this morning on the back of RTN's profit warning and thus WTB's own Costa brand
i don't know what proportion Costa contributes to WTB's profits, but the fall is looking overdone
chart shows this to be a good support level - 25/50 dms pretty much coincide - but worth hanging back just for now though perhaps not for long

bugger ..... missed the bottom as went out shopping but just bought a few at 3873 instead of <3860 just b4 i went

The "Trouble" must have stopped going in Costa every week day!!!

looks like a "buy" to me ..... but not sure if i want to find funds to do so

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had a few shillings sitting in my sipp a/c so have bought a few

a small piece of fortune ..... for some reason yesterday's order for my sipp did not register, so have bought 60p cheaper :-)

I am keeping powder dry on this one for a bit longer.

mine is for sipp, so a long term hold anyway

i reckon the company's hotels etc must benefit from weaker £

I have no doubt about the quality of the business. Just looking at support levels on chart.

3400 looks a "must buy" if it gets that low

That's exactly where I am looking. :)

i'ld also add at that level

Small long on the spreads for a bounce back up into bollinger band.

And out, let's see if this can push on from here or continue down.

well done chris, though i am holding with at least a longish view in my sipp

WTB
i've had these in my sipp for a couple months where they were already showing a modest 4.5% profit before today ..... the following buy note has given them a further fillip

Hotel and restaurant operator Whitbread rises 2.5 pct after Credit Suisse upgrades to "outperform" from "neutral"
* Broker says valuation undemanding level after underperformance (PE at one of its lowest levels relative to the FTSE 350 since 2008 according to Reuters data)
* Credit Suisse says £150m of cost cuts likely to mitigate against rise in the UK minimum wage
* Stock has been one of the biggest losers from UK's hike in minimum wage, down 25 pct since the July 2015 announcement despite a recent rally

Also Credit Suisse and Morgan Stanley have issued
the following ratings today:

Morgan Stanley TP: 4,700p Overweight

Credit Suisse TP: 4,550p Outperform