Whitbread has reported profit growth of £328m on the back of a 7.4% increase in revenue in the first half of 2017. It also announced that it had opened more than 2,000 Premier Inn rooms during the period.
The Costa and Premier Inn owner said in its interim results for the six months to 31 August that it had experienced a 6.7% increase in revenue compared with the first six months of last year.
Premier Inn’s underlying operating profit grew by £295m while Costa’s profit remained constant at £65m. Across the group, Whitbread has delivered £60m of efficiencies over the past two years.
