Costa Coffee owner Whitbread sticks to expansion plans as profit grows
CEO believes there's still more momentum left in UK coffee drinking market
Wed, Apr 27, 2016 - 5:50 AM
Total Costa Coffee sales grew 15.9 per cent in the full-year period with a 2.9 per cent increase in UK like-for-like sales.
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...