Whitbread increases its 2014 full year dividend by 19.4%

DividendMax Ltd.

Whitbread increases its 2014 full year dividend by 19.4%

Highlights

Group like for like sales growth of 6.5%

Premier Inn total sales growth of 15.3% and like for like sales up 9.1%

Costa total sales growth of 17.9%, system sales up 16.6% and UK like for like sales up 6.0%

Group return on capital increased to 15.7% (2013/14: 15.3%)

Strong cash generated from operations of £714.2 million which funded capital investment of £565.3 million

Strong balance sheet with year end net debt of £583.2 million (2013/14: £391.6 million)

Statutory Highlights

Profit for the year up 13.2% to £366.1 million (2013/14: £323.4 million)

Total basic EPS 204.81p up 11.9% (2013/14: 182.98p)

Companies mentioned