whitbread organic growth


Whitbread has continued its good financial performance, with total revenue up 8.2% to £3,106.0 million driven by strong organic growth combined with good like for like sales growth of 1.6%, albeit below our stretching internal target. Organic growth is a key priority: we grow our existing business by investing in people and facilities and the technologies our customers want. 'We have been saying for two years that we are focused on organic growth … “With the support of our efficiency programme and organic growth, we expect margins to stabilise through to 2019/20 and increase thereafter”, said Whitbread. mathew.wootton@meggitt.com. Whitbread's revenue was largely carried by Premier Inn and Costa sales. Whitbread continues to deliver 8220 ambitious organic growth plans 8221 CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Whitbread reported strong organic growth at the half-year mark, and confirmed plans to roll out its Premier Inn brand in Germany. Download our Investor Factsheet. "We are continuing to deliver our ambitious organic growth plans with another good quarter," chief executive Andy Harrison said. If it is going to have a meaningful business outside the UK it needs to move faster than is possible by organic growth. Thomas has ruled out bidding for Pizza Express. Shares in Whitbread rose 3p to £16.96 this morning. Investor Relations Contacts Mathew Wootton Vice President, Strategy & Investor Relations. The group raised its interim dividend to 11.25p from 9.65p. London open The FTSE 100 is expected to open 58 points lower on Tuesday, having closed down 0.1% at 7,042.80 on Monday. Whitbread (WTB) announced plans to roll out its Premier Inn budget hotel chain in Germany, alongside expectation-beating half-year results. Whitbread's own Beefeater chain is also underperforming. Whitbread PLC (LON:WTB) has announced that Fumbi Chima and Kal Atwal are to be appointed as Non-Executive Directors of the Company with effect from 1 March 2021.Fumbi will become a member of Whitbread’s Audit Committee, while Kal will join the Remuneration Committee. " Whitbread PLC is a great company with a strong pipeline of new growth opportunities in both of its core businesses. By Mark Robinson. October 22, 2014. Whitbread has basked in the limelight of being one of the best leisure companies in the UK. An alternative to organic growth would be the acquisition of rival Travelodge but Parker walked away from a £900m deal to buy the chain in 2008 and thinks a bid is now unlikely. The strategic rationale to become a big enough rival to Accor in Germany ought to be enough for Whitbread to outbid anyone else. 73% of retail investor accounts lose money when trading CFDs with this provider. "There's still a lot of organic growth opportunity in Costa and in Premier."