WYN ELLIS | NUMIS
We have increased our 2015 earnings before interest and tax forecast by three per cent to £508.6m on the back of yesterday’s very encouraging update…
Management says that, Whitbread remains on track for another good year… We concur and expect the shares to respond positively.
GEOF COLLIER | DEUTSCHE BANK
Management has retained its positive outlook for the full year, with tougher comps in the second half. However, because of these, we would expect any change in sentiment to come through at the third quarter in December. We do not get the sense that the statement is suggesting any real upgrades to consensus today.
RICHARD HUNTER | HARGREAVES LANSDOWN
The share price performance has been more pedestrian over the most recent past, yet has still managed to jump 39 per cent over the year. Even with expectations becoming increasingly challenging to satisfy, the market consensus of a “buy” is unlikely to be disturbed following this update.