Whitbread confirms outlook after ‘strong’ Q1

Hotel and restaurant operator Whitbread (LON:WTB) confirmed its FY outlook after what it called a ‘strong’ Q1 performance. The group also stuck to its new five-year ambition to reduce overheads and increase free cash flow. Positive trading For the 13 weeks to end-May, Whitbread posted a 2% increase in group sales. The firm said trading … Continue reading Whitbread confirms outlook after ‘strong’ Q1