PPHE Hotel Group Ltd (PPH)

Sector:

Tourism and Leisure Services

Index:

FTSE 250

1,850.00p
   
  • Change Today:
    -10.00p
  • 52 Week High: 1,990.00
  • 52 Week Low: 1,525.00
  • Currency: UK Pounds
  • Shares Issued: 42.40m
  • Volume: 10,822
  • Market Cap: £784.37m
  • RiskGrade: 105
  • Beta: 0.01

Weak pound hits Park Plaza

Date: Thursday 29 Jan 2009

LONDON (ShareCast) - Sterling weakness and generally tough economic conditions across Europe resulted in a fall in revenue at Park Plaza Hotels in 2008.

Park Plaza, which also operates hotels in North Africa and the Middle East, saw revenues fall by 6.3% from the previous year. Trading in the UK, which accounts for 40% of revenue were affected by a 14% fall in the average sterling-euro exchange rate.

In mainland Europe, particularly difficult conditions persisted in Germany and Hungary.

However Park Plaza said it remains optimistic on its long-term outlook.

“The effects of the economic downturn, including reduced visibility and pressure on occupancy and average room rates, have continued to impact our markets since the end of September,” the firm said

“Whilst we anticipate that 2009 will be a very challenging year for our industry, we believe that the strength of our portfolio, the flexibility of our cost base and our experience in previous downturns means that we are well placed to manage through current economic conditions.”

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

PPH Market Data

Currency UK Pounds
Share Price 1,850.00p
Change Today -10.00p
% Change -0.54 %
52 Week High 1,990.00
52 Week Low 1,525.00
Volume 10,822
Shares Issued 42.40m
Market Cap £784.37m
Beta 0.01
RiskGrade 105

PPH Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
82.03% below the market average82.03% below the market average82.03% below the market average82.03% below the market average82.03% below the market average
69.01% below the sector average69.01% below the sector average69.01% below the sector average69.01% below the sector average69.01% below the sector average
Price Trend
85.88% above the market average85.88% above the market average85.88% above the market average85.88% above the market average85.88% above the market average
73.33% above the sector average73.33% above the sector average73.33% above the sector average73.33% above the sector average73.33% above the sector average
Income
68.53% below the market average68.53% below the market average68.53% below the market average68.53% below the market average68.53% below the market average
43.48% below the sector average43.48% below the sector average43.48% below the sector average43.48% below the sector average43.48% below the sector average
Growth
15.54% above the market average15.54% above the market average15.54% above the market average15.54% above the market average15.54% above the market average
42.47% above the sector average42.47% above the sector average42.47% above the sector average42.47% above the sector average42.47% above the sector average

What The Brokers Say

Strong Buy 2
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 2
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

PPH Dividends

  Latest Previous
  Interim Final
Ex-Div 19-Sep-19 25-Apr-19
Paid 15-Oct-19 20-May-19
Amount 17.00p 19.00p

Trades for 18-Oct-2019

Time Volume / Share Price
16:36 5,088 @ 1,850.00p
16:35 4,896 @ 1,850.00p
16:29 1 @ 1,840.00p
16:29 40 @ 1,840.00p
16:29 70 @ 1,840.00p

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