Whitbread says Costa demerger making 'good progress'
June 27 (Reuters) - Britain's Whitbread (Frankfurt: WHF4.F - news) said on Wednesday that it had made "good progress" on Costa Coffee's demerger and reported a 1.3 percent fall in UK like-for-like first-quarter sales.
Total (LSE: 524773.L - news) sales rose 3.5 percent and comparable sales in Costa Coffee (NYBOT: KC-ZK15-c.NYB - news) fell 2 percent compared to a 1.1 percent rise last year. (Reporting by Sangameswaran S in Bengaluru)