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Whitbread PLC Shares News & Articles

Premier Inn owner Whitbread posts £1 billion loss as it blames ‘most challenging year’ in 279-year history

Shares in Premier Inn owner Whitbread (WTB) fell 3.2% to £33.02 as it reported a £1 billion annual loss and lamented the ‘most challenging’ year in its 279-year history. In the year to 25 February 2021, Whitbread reported a statutory pre-tax loss of just over £1 billion compared to a £280 million profit the year before, as revenue plunged 71.5% to £589.4 million. On an adjusted ...
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