Tuesday, June 19, 2012

More: 3,500 jobs to be created in UK by Whitbread, the owner of Costa Coffee and Premier Inn - @SkyNews

7:42am UK, Tuesday June 19, 2012

The coffee shop and restaurant firm enjoyed a strong first quarter, with group like-for-like sales up 4.5%.

Within that, like-for-like sales were up 8.4% at Costa Coffee, and 4.3% at Premier Inn.

Whitbread opened 35 new UK stores over the period; 29 in UK Retail and 6 in Costa Enterprises.

The group said it plans to open a further 4,200 Premier Inn rooms, eight joint site restaurants and 350 new Costa stores this year.

Andy Harrison, Chief Executive of Whitbread, said: "Costa has continued its excellent momentum delivering a 25.3% growth in total sales, with an 8.4% increase in UK like-for-like sales and strong international growth."

He added: "We expect comparative quarterly trading to continue to be variable. 

"For the second quarter we face tougher comparatives against a strong result last year, together with the uncertain impact of this summer's major sporting events."

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