Updates

Whitbread - Gain to date: 112%

December 2014

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

The exception to the rule that “elephants don’t gallop” must surely be Whitbread, whose shares have more than doubled from our 2088p tip price in little over two years. The FTSE-100 rated company has again released sparkling results with revenues, pretax profit and eps increasing 13%, 18.5% and 21.5% to £1.3bn, £256m and 111.7p respectively for the six months to 28 August. Net debt rose £37m to £467m, due to a near doubling in capital expenditure to £229m to fund expansion.Hotels & Restaurants led the way, growing profit 15% to £225m on an 11% rise in sales to £852m. Premier Inn, its budget hotel chain, increased turnover almost 15% to £571m through a 9.6% jump i ...

To access our archive of articles and to receive current issues you need to subscribe.

Subscribe now

Already a subscriber? Login

Victrex - Maker of designer polymer boasts remarkable ten year record

Marks & Spencer - Beats forecasts thanks to gross margin gains

Whitbread - Premier Inn owner has strong new rooms pipeline to cash in on shrinking supply (December 2024)

Whitbread - £1bn rights issue provides strong recovery platform for budget hotels (July 2020)

Whitbread (October 2018)

Whitbread (July 2018)

Whitbread (December 2017)

Whitbread (August 2017)

Whitbread (December 2016)

Whitbread - On track to open 85,000 rooms by 2020 (July 2016)

Whitbread - De-rating may renew call to float fast growing coffee branch (March 2016)

Whitbread - Costa & Premier Inn still going strong (December 2015)

Whitbread - Now targeting 85,000 hotel rooms by 2020 (June 2015)

Whitbread - Shares hit high of £53! (April 2015)

Whitbread (August 2014)

Whitbread - Broker has price target of 4650p (June 2014)

Whitbread - On track to have 75,000 rooms by 2018 (December 2013)

Whitbread - Launches new hotel concept (August 2013)

Whitbread - Unveils new expansion target for its budget hotels business (June 2013)

Whitbread (February 2013)

Whitbread - Shares have now gained 283p since our recommendation (December 2012)

Whitbread - All divisions going well (October 2012)

Whitbread -Budget hotels and coffee shops drive surge in eps growth (August 2012)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X