There was some relief for shareholders in Whitbread PLC (LSE:WTB) on Tuesday after the owner of Premier Inn chain said the impact of higher business rates would be less severe than feared and lifted its cost-savings target. The shares opened 4% higher at 2,686p, clawing back some ground after a sharp sell-off in late November following the Budget.
Shares in Whitbread PLC (LSE:WTB) could find support from a resilient third-quarter trading update and the prospect of easing cost pressures, according to Citi, ahead of results due next month. The bank expects Whitbread to report revenue per available room, or RevPAR, a key hotel industry metric, slightly ahead of market expectations for the third quarter.
Whitbread PLC (LSE:WTB) was top of the FTSE 100 leaderboard on Thursday after an activist investor called for a strategic review at the Premier Inn owner. In a stock market announcement, it was revealed that New York-based Corvex Management has built up a 5.5% stake.
Premier Inn and Beefeater owner Whitbread PLC (LSE:WTB) has been knocked down a peg by Deutsche Bank, which has cut the stock to 'hold' from 'buy' and slashed its target price from 3,375p to 2,815p. The move follows what the bank calls a structural blow to the investment case: the UK budget's steep jump in business rates.
Whitbread PLC's (LSE:WTB) Budget business rates hit has prompted brisk earnings downgrades from analysts, although both Deutsche Bank and Panmure Liberum keep the faith with 'buy' ratings. The issue stems from new rateable values outlined by Rachel Reeves last week, which will push its business rate bill up by £40-£50 million in the first year.
Whitbread PLC (LSE:WTB) shares slipped as much as 9% on Friday after Bernstein delivered a stinging double downgrade, cutting its rating from 'outperform' to 'underperform' and slashing its price target to 2,500p from 3,600p. Citi also trimmed its forecasts, saying fresh analysis of the government's new business-rate system pointed to a material hit to Whitbread's future profits.
Panmure Liberum has raised its full-year profit forecast for Premier Inn owner Whitbread PLC (LSE:WTB) due to a return to growth in the UK and improving trading momentum in Germany, but cut forecasts for the following two years. While last month's interims were in line, cost concerns prevailed.
Whitbread plc (OTCPK:WTBDY) Q2 2026 Earnings Call October 16, 2025 3:00 AM EDT Company Participants Dominic Paul - CEO & Director Hemant Patel - CFO & Director Presentation Dominic Paul CEO & Director Good morning, everyone. I'm Dominic Paul, Group CEO, and I'd like to welcome you to Whitbread's 2026 Interim Results Presentation.
Whitbread PLC (LSE:WTB) reported lower sales and profits in the first half of the year, but not as bad as City analysts were expecting, as management pushed through steeper cost savings. The Premier Inn owner generated revenues of £1.54 billion in the 26 weeks to 28 August 2025 were down 2% on the year earlier, but slightly ahead of estimates of £1.51 billion.
Whitbread PLC's (LSE:WTB) shares have climbed nearly 30% since April, but Citi still sees further upside, pointing to solid growth prospects in both the UK and Germany and a valuation that remains undemanding. The broker argues that balance sheet strength gives Whitbread plenty of scope to expand beyond its core UK market.
Whitbread PLC (LSE:WTB) shares fell 2% on Thursday after the company reported a further dip in hotel revenue in the UK, despite stronger performance in Germany. Analysts at Peel Hunt said the company is still holding up better than the wider market but warned that its UK outlook remains under pressure.
Whitbread plc (OTCPK:WTBCF) Q1 2026 Trading Update Call June 19, 2025 3:00 AM ET Company Participants Dominic J. Paul - CEO & Director Hemantkumar Kiribhai Patel - CFO & Director Conference Call Participants Alex Brignall - Redburn (Europe) Limited, Research Division Estelle Weingrod - JPMorgan Chase & Co, Research Division Jaina Mistry - Jefferies LLC, Research Division Jamie David William Rollo - Morgan Stanley, Research Division Jarrod Castle - UBS Investment Bank, Research Division Richard J.