Brief: NH Hotels H1 Net Recurring Result Turns To Profit YoY

Minor Hotels Europe & Americas SA

26/07/2023 16:43

July 26 (Reuters) - NH Hotel Group SA  NHH.MC :
    * H1 NET RECURRING PROFIT 38.7 MILLION EUROS VERSUS LOSS 16.0 MILLION EUROS YEAR AGO
    * H1 REVENUE 1.03 BILLION EUROS VERSUS 742.4 MILLION EUROS YEAR AGO
    * H1 RECURRING EBITDA 267.6 MILLION EUROS VERSUS 186.7 MILLION EUROS YEAR AGO
    * H1 REVPAR UP 43.9% YOY
    * SEES OPTIMISTIC OUTLOOK FOR THE MONTHS AHEAD WITH SOLID DEMAND IN LEISURE SEGMENT AND
INTENSE
RECOVERY OBSERVED IN BUSINESS TRAVEL, DRIVING ONGOING ROBUST GROWTH

Source text for Eikon:  ID:nCNM4w3fS7 
Further company coverage:  NHH.MC 

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