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Costa coffee boosts Whitbread sales
Coffee chain Costa continued to boost hotel and restaurant group Whitbread, as the group this morning posted a 3.3 per cent rise in third quarter sales.
The coffee brand reported UK like for like sales up 7.1 per cent over the 13 weeks to November, compared to 6.8 per cent growth in the first half.
Hotel chain Premier Inn also flattered the numbers, with like for like sales growth over the third quarter of 2.5 per cent.
Whitbread chief executive Andy Harrison said this morning: “The economic environment remains challenging with no change in our background consumer market. We are on track to deliver full year results in line with expectations.”