Report
Fehmi Ben Naamane ...
  • Matthias Desmarais

Whitbread : Le contexte reste très difficile pour le groupe

>Croissance organique en baisse de 78% au S1 - Whitbread publie des chiffres très mauvais sur le S1 2020, à fin août. La croissance organique est en baisse de près de 78% au UK dont -75% pour l’hôtellerie et -77% pour le F&B. Ces niveaux de baisses ressortent malgré tout en ligne avec les pairs (des reculs de près de 80% sont enregistrées sur le T2). Pas de commentaires particuliers sur les réalisations puisque l’ouverture relativement tardive du réseau (début août) c...
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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