Report
Fehmi Ben Naamane ...
  • Matthias Desmarais

Whitbread : Un trimestre plus résilient qu’anticipé mais le contexte reste difficile

>Un T3 2020/2021 plus résilient qu’anticipé - Whitbread a publié ce matin son trading update du T3, à fin novembre. La croissance organique groupe ressort en baisse de 55% sur le trimestre, et les RevPAR dévissent de 56%. Ces chiffres ressortent meilleurs que le consensus qui s’attendait à -64%. Ainsi la baisse de la croissance organique reste moins forte que celle enregistrée sur le T2 (i.e. -76%) et reflète l’amélioration du contexte sanitaire en septembre et sur la...
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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