Half Year 2021 Whitbread PLC Earnings Call - Pre-Recorded Transcript

Oct 26, 2021 / 07:15AM GMT
Alison J. Brittain - Whitbread plc - Chief Executive & Executive Director

Good morning. I'm Alison Brittain, and I'd like to welcome you to Whitbread Financial Year 2022 Half 1 interim results presentation. Today's presentation will take place by remote webcast, followed by a live question-and-answer session at 9:15 a.m., where Nicholas Cadbury and I will be delighted to answer your questions. Details of how to join us can be found on our website.

Turning to our agenda this morning. I'll start by taking you through our half 1 operating and business update. And then I'll hand over to Nicholas, who will talk you through our financial performance for the first half of the year. Premier Inn's performance in the first half of the year was very strong with recovery and demand ahead of our expectations, and we outperformed the market in the U.K. by some distance. Despite the fact that there is still uncertainty regarding the evolution of the pandemic during the winter period, we are very confident about our ability to fully recover and to grow and create value.

With the momentum we've

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