Efficiency Savings
Delivered £75 million of efficiency savings, ahead of previous guidance, and reduced the U.K. cost base by 1% despite inflation pressures.
Strong Performance in Germany
Achieved double-digit RevPAR growth and significantly reduced loss before tax in Germany, with strong trading performance well ahead of the market.
Positive Forward Bookings
Forward booked revenue position is ahead of last year with strong bookings into the summer months.
Shareholder Returns
Announced a further £250 million share buyback to be completed over the next 12 months.
Five-Year Plan Progress
On track to deliver incremental profits of £300 million and more than £2 billion shareholder return through share buybacks and dividends by full year 2030.