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WTB Whitbread News Story

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Consumer CyclicalsBalancedLarge CapNeutral

UK's Whitbread falls on half-yearly profit drop

** Shares of Premier Inn owner Whitbread  WTB.L down as much as 8.56% at 2,948p

** Top loser on London's FTSE 100 .FTSE, which is down 0.18%

** WTB reports H1 adjusted PBT of 316 million pounds  ($423.91 million) vs 340 million pounds year ago

** Co reduces FY adjusted PBT outlook for Germany segment to 5 million pounds from previous guidance range of 5 million to 10 million pounds

** Hargreaves Lansdown analysts say that "weaker-than-expected performance in its fledgling German operation and economic uncertainty in the UK mean the immediate path ahead is becoming difficult to plot"

** YTD, up to Wednesday's close, stock up nearly 9.5% vs FTSE's 15.2% gain

($1 = 0.7454 pounds)

 (Reporting by Simone Lobo in Bengaluru)

 ((Simone.Lobo@thomsonreuters.com; +919920570373;))

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