Auditor Appointment

RNS Number : 0520H

Whitbread PLC

10 March 2015

 

WHITBREAD PLC - AUDITOR APPOINTMENT

10 March 2015

Whitbread PLC today announces it has conducted a formal tender process for its statutory audit services.  Ernst & Young LLP has been the Group's auditor for over 60 years and, having taken account of the latest governance best practice, we decided that it would be appropriate to review the provider of these services.

Following completion of the audit of the Group's accounts for the year ended 26 February 2015, Deloitte LLP will be appointed as Whitbread PLC's statutory auditor, subject to approval by shareholders at the AGM on 16 June 2015.

Simon Melliss, Chairman of the Audit Committee, said: "We thank Ernst & Young LLP for their significant contribution over many years as Whitbread's auditor and we look forward to working with Deloitte LLP in the future."

For more information please contact:

Investor Relations

Nicholas Cadbury, Whitbread PLC             [phone]

Chris Denley, Whitbread PLC                   [phone]

Joanne Russell, Whitbread PLC                 [phone]

Press Contacts

Anna Glover, Whitbread PLC                    [phone]

David Allchurch, Tulchan                         [phone]

For photographs and video please visit our media library on www.whitbreadimages.co.uk

Notes to Editors

Whitbread PLC is the owner of the UK's favourite hotel chain, Premier Inn and the UK's favourite coffee shop, Costa, as well as restaurant brands, Beefeater, Brewers Fayre, Table Table and Taybarns.

Whitbread PLC employs 45,000 people in over 2,000* outlets across the UK, with its well-loved brands making every day experiences special for over 24 million UK customers every month.

Whitbread has outlined growth milestones for 2016 and 2018.  The 2018 milestones are to increase the number of Premier Inn UK rooms to around 75,000 and to achieve global system sales of around £2bn for Costa.

At Whitbread we are committed to being a force for good in the communities in which we operate. Our CR programme, 'Good Together' is focused on the three pillars of Team & Communities, Customer Wellbeing and Energy & Environment.

In the year ended 27^th February 2014, Whitbread PLC reported a 13.0% increase in Group Revenue to £2,294.3 million and Underlying Profit before tax of £411.8 million up 16.5%.

Whitbread PLC is listed on the London Stock Exchange and is a constituent of the FTSE 100. It is also a member of the FTSE4Good Index.

*excludes Costa Franchise stores and Costa Express

 

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