...Despite our projection of sustained revenue growth and improved EBITDA in FY16, FCF should turn negative due to higher capex and dividends. However, room expansion in London should benefit operating margins and FCF from FY18....
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Fitch Affirms Whitbread at 'BBB'; Outlook Stable – 2016/05/10 – US$ 149.00
Whitbread PLC – 2014/09/08 – US$ 300.00
Fitch Affirms 75 EMEA Consumer and Healthcare Company Ratings – 2014/10/27 – US$ 300.00
Whitbread PLC – 2015/05/14 – US$ 300.00
European Non-Food Retail, Lodging, Restaurants Speculative-Grade Handbook – 2016/02/10 – US$ 999.00
Whitbread PLC – 2016/05/26 – US$ 300.00
Asset-Light and Online Key to European Hotels – 2017/01/19 – US$ 999.00
Fitch Affirms 75 EMEA Consumer & Healthcare Ratings – 2014/10/27 – US$ 149.00
Fitch Affirms Whitbread at 'BBB'; Assigns Bond 'BBB(EXP)' – 2015/05/14 – US$ 149.00
Fitch: Idiosyncratic Factors Threaten European Leveraged Retail, Lodging Credits – 2016/02/10 – US$ 149.00
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