Jacobs Media Group is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

Costa and Premier Inn drive sales growth at Whitbread

18 October 2011 by
Costa and Premier Inn drive sales growth at Whitbread

Strong performances from both Costa Coffee and Premier Inn have helped drive group like-for-like sales at Whitbread up by 3.3% for the half year to 1 September.

The company saw total revenue rise 10.7% to £891.3m, up from £805.4m in the same period the year before.

Underlying pre-tax profit was up 15.2% to £174.9m, with Whitbread Hotels and Restaurants seeing underlying profits rise 8.5% to £167.1m, while Costa's profits surged 41.8% to £27.8m.

Whitbread Hotels and Restaurants opened 12 new hotels, 1,408 rooms and five restaurants over the period, while Costa grew its store network, opening 167 new stores including the 100th store in China. Costa now has 2,000 stores worldwide.

Whitbread chief executive Andy Harrison said: "We are continuing to grow our business and this year we plan to open 4,000 new Premier Inn rooms and 14 new restaurants in the UK, together with 300 Costa stores worldwide. This is another step towards our five-year growth milestones which will grow Premier Inn UK by almost 50% to 65,000 rooms and increase the Costa network by 75% to 3,500 stores worldwide, together with at least 3,000 Costa Express machines.

"Our overall first-half sales performance is the best guide to the group's underlying trading, although on a month-by-month basis trading continues to be variable in a challenging consumer environment."

Caterer and Hotelkeeper 100: Patrick Dempsey, Whitbread >>

Whitbread swaps pubs for Mitchells & Butlers hotels >>

London outlets drive sales at Whitbread >>

By Neil Gerrard

E-mail your comments to Neil Gerrard here.

Tabletalk
Tabletalk
If you have something to say on this story or anything else join the debate at Table Talk - Caterer's new networking forum. Go to www.catererandhotelkeeper.com/tabletalk

Catererandhotelkeeper.com jobs

Looking for a new job? Find your next job here with Catererandhotelkeeper.com jobs

Blogs on Catererandhotelkeeper.com ](http://www.catererandhotelkeeper.com/blogs) Catch up with more news and gossip on all Caterer's blogs
[E-newsletters](http://www.catererandhotelkeeper.com/email-newsletters.htm)[ For the latest hospitality news, sign up for our E-newsletters
The Caterer Breakfast Briefing Email

Start the working day with The Caterer’s free breakfast briefing email

Sign Up and manage your preferences below

Check mark icon
Thank you

You have successfully signed up for the Caterer Breakfast Briefing Email and will hear from us soon!

Jacobs Media Group is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

The highest official awards for UK businesses since being established by royal warrant in 1965. Read more.

close

Ad Blocker detected

We have noticed you are using an adblocker and – although we support freedom of choice – we would like to ask you to enable ads on our site. They are an important revenue source which supports free access of our website's content, especially during the COVID-19 crisis.

trade tracker pixel tracking