Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Whitbread is launching a new five-year plan to reduce capital investment by over £1b and recycle £1.5b of property assets to fund future growth while generating £2b in free cash flow for shareholder returns by 2031, according to a statement.
- Volkswagen's first-quarter operating margin declined as tariffs and increasing competition in key markets weighed with the carmaker seeking to reap more savings.
- Air France-KLM said it expects its fuel bill to increase by $2.4 billion this year due to the Middle East conflict, with the geopolitical uncertainty prompting the group to further rein in costs and trim its full-year capacity outlook.