Report
Fehmi Ben Naamane ...
  • Matthias Desmarais

Whitbread : Bonnes nouvelles sur les retours de cash et le plan d’efficience opérationnelle

>Un ton résolument serein, en attendant les impacts du Brexit - Whitbread a tenu son Investor Day à Londres dans un contexte particulier pour le groupe qui vient de se séparer de sa division Costa (cédée pour 3.9 Md£), alors que des incertitudes subsistent sur les implications possibles des divers scénarios du Brexit sur la croissance économique au Royaume-Uni, large driver de la demande hôtelière chez Whitbread. De cette journée, nous retenons un ton plutôt serein de...
Underlying
Whitbread PLC

Whitbread is a hospitality company. Co. serves its customers in the U.K. and beyond through its two businesses: Premier Inn and Restaurants; and Costa. Premier Inn is a hotel business, with over 760 hotels and more than 68,000 rooms as of Mar 2 2017. Co.'s hotel are located alongside its own restaurant brands. Co. also have hotels in the Middle East, and Germany, with more hotels in the pipeline. Costa is the coffee shop, with over 2,200 coffee shops in the U.K., over 1,300 stores in 29 international markets and over 6,800 Costa Express self-serve units as of Mar 2 2017.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Fehmi Ben Naamane

Matthias Desmarais

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