Whitbread PLC (OTCPK:WTBDY)
$ 9.06 -0.28 (-3%) Market Cap: 6.37 Bil Enterprise Value: 12.08 Bil PE Ratio: 21.80 PB Ratio: 1.49 GF Score: 75/100

Q1 2023 Whitbread PLC Trading Statement Call Transcript

Jun 15, 2022 / 07:00AM GMT
Release Date Price: $8.54 (+9.35%)
Operator

Good morning or good afternoon all, and welcome to the Whitbread plc Q1 Results Call. My name is Adam, and I'll be your operator for today. (Operator Instructions)

I will now hand it over to Alison Brittain to begin. So Alison, please go ahead when you are ready.

Alison Jane Brittain
Whitbread plc - CEO & Executive Director

Good morning, everyone. Thank you very much for joining the call for our quarter 1 trading update. I'm joined here in the room by Hemant Patel, our Group CFO; and by Peter Reynolds, our Director of Investor Relations; and Sophie and Abi, who are also members of the Investor Relations team.

And I hope you've had a chance to review the Q1 release this morning, but I'll start with a really brief overview for those who haven't seen it, and then we'll hand straight over to Q&A, where we'll answer any of your questions.

So during this first quarter, which ran until the June 2, we continued to trade exceptionally well in the U.K.. And we are now significantly ahead of pre-COVID sales levels as well as ahead of

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