Added to YB: 2026-10-15
Pitch date: 2026-10-13
WTB.L [neutral]
Whitbread plc
+0.23%
current return
Author Info
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Company Info
Whitbread plc operates hotels and restaurants in the United Kingdom, Germany, Ireland, and internationally.
Market Cap
GBP 4.2B
Pitch Price
GBP 25.80
Price Target
N/A
Dividend
3.86%
EV/EBITDA
9.20
P/E
74.01
EV/Sales
3.21
Sector
Hotels, Restaurants and Leisure
Category
turnaround
Whitbread (WTB UK): Premier Inn gains share as restructuring weighs on profits
WTB.L (update): Whitbread reaffirmed its full-year outlook as Premier Inn UK outperformed its market by roughly two percentage points on accommodation revenue and RevPAR, but first-half adjusted pretax profit fell 9% to £287m amid restructuring and higher costs. Germany revenue rose 20%, though its adjusted loss widened to £8m. With lease-adjusted leverage at 3.4x versus a 3.5x ceiling, disposals and cost savings remain important.
Read full article (2 min)