Whitbread PLC Auditor Appointment (0520H)
March 10 2015 - 7:34AM
UK Regulatory
TIDMWTB
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 +44 (0) 20 7806 5491
Chris Denley, Whitbread PLC +44 (0) 1582 889421
Joanne Russell, Whitbread PLC +44 (0) 1582 888633
Press Contacts
Anna Glover, Whitbread PLC +44 (0) 7768 917 651
David Allchurch, Tulchan +44 (0) 20 7353 4200
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
GBP2bn 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 GBP2,294.3 million and
Underlying Profit before tax of GBP411.8 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
This information is provided by RNS
The company news service from the London Stock Exchange
END
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