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WTB Whitbread Plc

3,028.00
-84.00 (-2.70%)
25 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Whitbread Plc LSE:WTB London Ordinary Share GB00B1KJJ408 ORD 76 122/153P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -84.00 -2.70% 3,028.00 3,019.00 3,021.00 3,094.00 2,996.00 3,094.00 1,283,915 16:35:11
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Hotels And Motels 2.64B 278.8M 1.4465 20.88 5.82B

Whitbread PLC Auditor Appointment (0520H)

10/03/2015 12:34pm

UK Regulatory


Whitbread (LSE:WTB)
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RNS Number : 0520H

Whitbread PLC

10 March 2015

WHITBREAD PLC - AUDITOR APPOINTMENT

10 March 2015

Whitbread PLC today announces it has conducted a formal tender process for its statutory audit services. Ernst & Young LLP has been the Group's auditor for over 60 years and, having taken account of the latest governance best practice, we decided that it would be appropriate to review the provider of these services.

Following completion of the audit of the Group's accounts for the year ended 26 February 2015, Deloitte LLP will be appointed as Whitbread PLC's statutory auditor, subject to approval by shareholders at the AGM on 16 June 2015.

Simon Melliss, Chairman of the Audit Committee, said: "We thank Ernst & Young LLP for their significant contribution over many years as Whitbread's auditor and we look forward to working with Deloitte LLP in the future."

For more information please contact:

Investor Relations

   Nicholas Cadbury, Whitbread PLC             +44 (0) 20 7806 5491 
   Chris Denley, Whitbread PLC                   +44 (0) 1582 889421 
   Joanne Russell, Whitbread PLC                 +44 (0) 1582 888633 

Press Contacts

   Anna Glover, Whitbread PLC                    +44 (0) 7768 917 651 
   David Allchurch, Tulchan                         +44 (0) 20 7353 4200 

For photographs and video please visit our media library on www.whitbreadimages.co.uk

Notes to Editors

Whitbread PLC is the owner of the UK's favourite hotel chain, Premier Inn and the UK's favourite coffee shop, Costa, as well as restaurant brands, Beefeater, Brewers Fayre, Table Table and Taybarns.

Whitbread PLC employs 45,000 people in over 2,000* outlets across the UK, with its well-loved brands making every day experiences special for over 24 million UK customers every month.

Whitbread has outlined growth milestones for 2016 and 2018. The 2018 milestones are to increase the number of Premier Inn UK rooms to around 75,000 and to achieve global system sales of around GBP2bn for Costa.

At Whitbread we are committed to being a force for good in the communities in which we operate. Our CR programme, 'Good Together' is focused on the three pillars of Team & Communities, Customer Wellbeing and Energy & Environment.

In the year ended 27(th) February 2014, Whitbread PLC reported a 13.0% increase in Group Revenue to GBP2,294.3 million and Underlying Profit before tax of GBP411.8 million up 16.5%.

Whitbread PLC is listed on the London Stock Exchange and is a constituent of the FTSE 100. It is also a member of the FTSE4Good Index.

*excludes Costa Franchise stores and Costa Express

This information is provided by RNS

The company news service from the London Stock Exchange

END

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