Pphe Hotel Slumps On Half: yearly earnings decline; top loser among FTSE mid-caps

PPHE Hotel

28/08/2025 08:50

** Shares of PPHE Hotel PPH.L fall 9.3% to 1,482p; top loser on FTSE mid-cap index .FTMC, which is up 0.1%

** Netherlands-based hospitality group's H1 reported EBITDA declines 5.7% to 45.5 mln pounds ($61.47 mln) on lower average room rates, higher wage and social security costs

** Co flags external cost factors, including changes to VAT on hotels in Netherlands, and UK business rates that could have an impact in FY26 and beyond

** YTD, PPH up 5.4% vs 5.85% rise for FTMC index

($1 = 0.7402 pounds)

 (Reporting by Unnamalai L in Bengaluru)

 ((Unnamalai.L@thomsonreuters.com;))