Hotel group Melia rises after big H1 net profit beat

Melia Hotels International SA

31/07/2025 08:50

** Shares in Spain's Melia MEL.MC up about 3% after the hotel group reported on Wednesday a 72% increase in first-half net profit

** H1 net profit came in at 88.5 million euros ($101.38 million), considerably above the 46 million euros expected by analysts polled by LSEG

** "Banking the beat on EBITDA implies FY25 consensus moves  c.+3% on EBITDA and +25% on net profit," Jefferies says

** Brokerage says trading for third quarter is encouraging, and that the company sees no signs of slowdown in H2

($1 = 0.8730 euros)

 (Reporting by Javi West Larrañaga)

 ((javier.west@thomsonreuters.com; +34 918 35 61 12))