OverviewSuggest Edit

Whitbread is a large operator of hotels, restaurants and coffee shops. It is also involved in the operation of roasters and espresso-based self-serve coffee bars, and wholesale of coffee beans.

TypePublic
Founded1742
HQDunstable, GB
Websitewhitbread.co.uk
Employee Ratings3.1

Latest Updates

Employees (est.) (Feb 2019)50,000
Job Openings1,158
Revenue (FY, 2019)£2 B(-37%)
Share Price (Oct 2017)£39.7 (-2%)

Key People/Management at Whitbread

Alison Brittain

Alison Brittain

CEO
Nicholas Cadbury

Nicholas Cadbury

Group Finance Director
Louise Smalley

Louise Smalley

Group HR Director
Chris Vaughan

Chris Vaughan

General Counsel
Simon Jones

Simon Jones

Managing Director Premier Inn and Restaurants UK
Mark Anderson

Mark Anderson

Managing Director Property and Premier Inn International
Show more

Whitbread Office Locations

Whitbread has an office in Dunstable
Dunstable, GB (HQ)
Houghton Hall Business Park Porz Avenue
Show all (1)

Whitbread Financials and Metrics

Whitbread Revenue

Whitbread's revenue was reported to be £2.05 b in FY, 2019 which is a 37.8% decrease from the previous period.
GBP

Revenue (FY, 2019)

2.0b

Revenue growth (FY, 2018 - FY, 2019), %

(37.8%)

Net income (FY, 2019)

210.6m

EBITDA (FY, 2019)

454.1m

EBIT (FY, 2019)

294.1m

Market capitalization (18-Oct-2017)

7.3b

Closing stock price (18-Oct-2017)

39.7

Cash (28-Feb-2019)

3.4b
Whitbread's current market capitalization is £7.3 b.
Annual
GBPFY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

2.6b2.9b3.1b3.3b2.0b

Revenue growth, %

14%12%6%6%(38%)

Operating expense total

1.9b2.2b2.3b2.5b1.8b

Depreciation and amortization

168.4m187.5m220.1m232.2m
Half Year
GBPH1, 2016H1, 2017H1, 2018

Revenue

1.4b1.6b1.7b

Operating expense total

1.2b1.3b1.3b

EBIT

272.8m281.7m336.0m

EBIT margin, %

19%18%20%
Annual
GBPFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

38.2m40.3m40.8m41.4m2.1m57.1m63.0m90.6m3.4b

Accounts Receivable

84.3m47.7m54.2m66.9m78.4m92.7m92.6m105.7m55.7m

Inventories

18.4m23.1m26.5m30.5m37.1m44.8m48.2m65.4m14.5m

Current Assets

144.9m149.0m172.3m197.5m165.5m247.4m287.1m343.0m3.6b
Half Year
GBPH1, 2016H1, 2017H1, 2018

Cash

163.9m73.2m129.7m

Inventories

38.2m46.7m52.0m

Current Assets

348.5m274.6m406.0m

PP&E

3.5b4.0b4.0b
Annual
GBPFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

222.1m266.0m292.1m323.4m366.1m387.3m415.9m436.4m210.6m

Inventories

(7.1m)(600.0k)

Accounts Payable

45.2m62.8m

Cash From Operating Activities

346.1m322.2m407.0m429.6m519.4m572.7m626.1m621.0m485.7m
Half Year
GBPH1, 2016H1, 2017H1, 2018

Net Income

196.3m200.7m250.2m

Inventories

(1.2m)(1.7m)(3.7m)

Accounts Payable

(1.7m)7.4m9.9m

Cash From Operating Activities

254.6m330.2m321.2m
GBPY, 2019

Revenue/Employee

41.0k

Financial Leverage

1.3 x
Show all financial metrics

Whitbread Operating Metrics

FY, 2016H1, 2017FY, 2017H1, 2018FY, 2018

Hotels (UK)

730 746 762 771 785

Rooms (UK)

64 k65.77 k68.08 k70.12 k72.47 k

Rooms Opened (UK), gross

5.46 k1.58 k3.82 k2.04 k4.57 k

Customers Per Month (Premier Inn)

5.50 m5.50 m
Show all operating metrics

Whitbread Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
Premier, Inc.July 23, 2004$925.54 m
Advisebegin Limited
Alastair Campbell & Company Limited
Archibald Campbell Hope & King Limited
Autumn Days Limited
Belgrave Hotel Limited
Belstead Brook Manor Hotel Limited
Brewers Fayre Limited
Brickwoods Limited
Britannia Inns Limited
Show more

Whitbread Revenue Breakdown

Embed Graph

Whitbread revenue breakdown by business segment: 60.8% from Premier Inn and 39.2% from Costa

Whitbread revenue breakdown by geographic segment: 96.2% from UK and 3.8% from Other

Whitbread Online and Social Media Presence

Embed Graph

Whitbread News and Updates

Profit falls at Whitbread as uncertainty hurts hotel demand

Profit slipped at Premier Inn owner Whitbread in its latest half-year as the company grappled with a weak UK travel [...] The post Profit dips at Premier Inn owner Whitbread as uncertainty hits hotel demand appeared first on CityAM.

Whitbread share price tumbles on Barclays downgrade

Whitbread suffered a fall in its share price this morning after Barclays downgraded the UK’s biggest hospitality company. The Premier [...] The post Whitbread share price tumbles on Barclays downgrade appeared first on CityAM.

Whitbread shares: Waiting for strategy to bear fruit

It’s not easy being a hotelier in this market, but Whitbread shares are holding their own for now. Despite having [...] The post Whitbread shares: Waiting for strategy to bear fruit appeared first on CityAM.

Premier Inn owner Whitbread reports dwindling sales as Brexit uncertainty continues

Premier Inn owner Whitbread reported dwindling accommodation sales in the first quarter due to ongoing Brexit uncertainty. The company, which [...] The post Premier Inn owner Whitbread reports dwindling sales as Brexit uncertainty continues appeared first on CityAM.

Elliott wants Whitbread to offload chunks of its property portfolio-Sunday Telegraph

Elliott Advisors has become increasingly frustrated with Whitbread Plc's strategy of owning Premier Inn hotels outright and wants the company to offload chunks of its 5.8 billion pound ($7.64 billion) property portfolio, the Sunday Telegraph reported.

REFILE-UPDATE 2-Weak British hotel demand hurts Whitbread after Costa sale

Premier Inn owner Whitbread Plc , which has sold off its Costa coffee chain, on Tuesday flagged lower demand for hotel rooms in Britain, hit by Brexit uncertainty and the effects of growing competition.
Show more

Whitbread Frequently Asked Questions

  • When was Whitbread founded?

    Whitbread was founded in 1742.

  • Who are Whitbread key executives?

    Whitbread's key executives are Alison Brittain, Nicholas Cadbury and Louise Smalley.

  • How many employees does Whitbread have?

    Whitbread has 50,000 employees.

  • What is Whitbread revenue?

    Latest Whitbread annual revenue is £2 b.

  • What is Whitbread revenue per employee?

    Latest Whitbread revenue per employee is £41 k.

  • Who are Whitbread competitors?

    Competitors of Whitbread include Starbucks, Hilton Worldwide and Blue Bottle Coffee.

  • Where is Whitbread headquarters?

    Whitbread headquarters is located at Houghton Hall Business Park Porz Avenue, Dunstable.

  • Where are Whitbread offices?

    Whitbread has an office in Dunstable.

  • How many offices does Whitbread have?

    Whitbread has 1 office.