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Costa Coffee owner Whitbread sticks to expansion plans as profit grows

CEO believes there's still more momentum left in UK coffee drinking market

Published Tue, Apr 26, 2016 · 09:50 PM

London

WHITBREAD plc, an operator of hotels, restaurants and coffee shops, stood by its expansion plans in the United Kingdom and international markets, after posting a near 12 per cent rise in full-year profit.

Shares in the FTSE-100 company, which owns Premier Inn hotels and Costa Coffee chains, rose as much as 4 per cent in London on Tuesday morning.

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Costa Coffee owner Whitbread sticks to expansion plans as profit grows

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