Whitbread Sales Rise on Strong Performance in Core Markets

Whitbread, a leading hospitality company, reported a 3.58% increase in first-quarter sales, mainly driven by improved performance in the UK and progress in Germany. The company remains confident in its full-year outlook. As of 0705 GMT, Whitbread shares were up 2.3% at 2,971 pence, but the stock has seen an 18% decline year-to-date. Despite the falling share prices, Whitbread’s positive sales growth indicates progress in its key markets.