Half Year 2025 Whitbread PLC Earnings Call (Q&A) Transcript

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Oct 16, 2024

Oct 16, 2024 / 08:15AM GMT
Operator

Good morning all, and thank you for joining us for the Whitbread FY25 Interim Results Live Q&A. My name is Carly, and I'll be your coordinator for today. (Operator Instructions)

I'd now like to hand over to your host, Dominic Paul, to begin. Floor is yours.

Dominic Paul - Whitbread PLC - Chief Executive Officer, Executive Director

Thank you, Carly. Good morning, everybody. Thank you for joining myself and Hemant Patel, our Group CFO, for our half year results call. Hopefully, you've had a chance to read through our release and listen to our results presentation this morning.

Before we open up the call for Q&A, I thought I would pull out a few key points. Firstly, I'd just like to cover the progress we've made in the first half and what we are seeing in current trading. And secondly, how that is underpinning our confidence in the medium-term outlook as set out in our new five-year plan.

As you've all seen, the UK market has been a little bit softer than last year, where demand was particularly strong, and we outperformed the

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