The Whitbread plc board has declared an interim dividend per share of 36.4 pence (H1 FY26: 36.4 pence) reflecting confidence in their outlook and Five-Year Plan. The interim dividend will be paid on 4 December 2026 to all shareholders on the register at the close of business on 30 October 2026. Shareholders will be offered the option to participate in a dividend re-investment plan.
Other financial highlights include:
• Premier Inn UK&I: total accommodation sales and RevPAR increased by 3% and 2% respectively; outperforming the midscale and economy (‘M&E’) market by 2pp on RevPAR growth and increased our RevPAR premium to £7.75
• UK&I food and beverage (‘F&B’) sales were in line with expectations and fell 9% due to the ongoing impact of the AGP, partially offset by continued positive performance from integrated restaurants, with the result that UK&I statutory revenue was in line with last year
• UK&I segment adjusted pre-tax profit margins were 22.0% (H1 FY26: 23.4%), reflecting a strong trading performance and despite high cost inflation, operating costs were in line with last year, offset by increased lease and interest costs
• Premier Inn Germany: total sales grew by 19% in local currency, and we continued to outperform the M&E market; with continued estate growth and in-year impacts, predominantly related to new openings, segment adjusted loss before tax was in line with expectations at £8m (H1 FY26: £3m loss)
• Group: statutory revenue was up 2% and despite significant cost headwinds, the strength of our vertically integrated model meant that adjusted EBITDAR increased to £608m (H1 FY26: £601m)
• Group: adjusted profit before tax was £287m (H1 FY26: £316m) and statutory profit before tax was £109m (H1 FY26: £287m) after charging £178m of adjusting items (H1 FY26: £28m) driven primarily by non-cash impairment charges associated with the Group’s strategic review and the AGP
• Strong balance sheet: lease adjusted leverage was 3.4x (H1 FY26: 3.2x) and net debt was £663m (H1 FY26: £563m) reflecting continued investment in the AGP and the phasing of planned property-related disposals
