WTBDY - Whitbread plc (WTBCF) Q4 2025 Earnings Call Transcript
2025-05-02 10:14:27 ET
Whitbread plc (WTBCF)
Q4 2025 Earnings Conference Call
May 1, 2025, 3:00 AM ET
Company Participants
Dominic Paul - Chief Executive
Hemant Patel - Group Chief Financial Officer
Conference Call Participants
Jamie Rollo - Morgan Stanley
Leo Carrington - Citi
Richard Clarke - Bernstein
Jarrod Castle - UBS
Alex Brignall - Redburn Atlantic
Estelle Weingrod - JPMorgan
Tim Barrett - Deutsche Bank
Joe Thomas - HSBC
Jaina Mistry - Jefferies
Presentation
Operator
Hello, everyone. And thank you for joining the Whitbread Full Year 2025 Preliminary Results Live Q&A Conference Call. My name is Sammy, and I’ll be coordinating your call today. [Operator Instructions]
I will now hand over to your host Dominic Paul, Chief Executive to begin. Please go ahead Dominic.
Dominic Paul
Thank you Sammy. Good morning everyone and thank you for joining myself and Hemant Patel, our Group CFO for our full year results call. Hopefully you’ve been able to go through our release and had a chance to listen to our results presentation this morning. Before we open up the call for Q&A I thought I’d pull out just a few key points.
Starting with our full year 2025 results, excuse me, as you all know from the published data market demand has been slightly softer in the U.K. However, with the benefit of new room growth and our strong commercial program our accommodation sales are flat year-on-year and we outperformed the mid-scale and economy market.
Food and beverage revenues declined in line with our previous guidance due to our accelerating growth plan as we optimize our offer and exit a number of branded restaurant sites unlocking 3,500 high returning extension rooms.
Having delivered £75 million of efficiency savings during the year which was ahead of our previous guidance together with the removal of lower returning restaurants we were able to reduce our U.K. cost base by 1% despite the presence of ongoing inflation and in Germany we’re making excellent progress. Our estate and brand are continuing to mature and we delivered a strong trading performance that was well ahead of the market and we reduced our loss before tax significantly....
Whitbread plc (WTBCF) Q4 2025 Earnings Call Transcript