Whitbread outperforms

Hotels and restaurants group Whitbread saw like-for-like (LFL) sales rise 4.2 per cent year-on-year in the 11 weeks to August 16th.

The Costa Coffee chain was the star performer, with LFL sales up 5.7%. The Restaurants business grew LFL sales by 4.9% while the Premier Inn hotels arm's sales were up 3.2% on a LFL basis. In combination, the Hotels & Restaurants business saw LFL sales up 3.8%.

"Whitbread has continued to deliver good sales growth with total sales up 14.8% in our second quarter," said Andy Harrison, Chief Executive of Whitbread.

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"Our brands have outperformed in a tough economic climate, with like-for-like sales growth of 4.2% and we have continued our network expansion at Costa and Premier Inn," he added.

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