PPHE Hotel Group Ltd (PPH)

Sector:

Tourism and Leisure Services

Index:

FTSE Small Cap

1,360.00p
   
  • Change Today:
      10.00p
  • 52 Week High: 2,140.00
  • 52 Week Low: 805.00
  • Currency: UK Pounds
  • Shares Issued: 42.46m
  • Volume: 16,715
  • Market Cap: £577.45m
  • RiskGrade: 285

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 1,360.00p
Change Today 10.00p
% Change 0.74 %
52 Week High 2,140.00
52 Week Low 805.00
Volume 16,715
Shares Issued 42.46m
Market Cap £577.45m
RiskGrade 285

PPH Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
51.78% above the market average51.78% above the market average51.78% above the market average51.78% above the market average51.78% above the market average
55.22% above the sector average55.22% above the sector average55.22% above the sector average55.22% above the sector average55.22% above the sector average
Price Trend
23.43% below the market average23.43% below the market average23.43% below the market average23.43% below the market average23.43% below the market average
1.37% below the sector average1.37% below the sector average1.37% below the sector average1.37% below the sector average1.37% below the sector average
Income
3.22% above the market average3.22% above the market average3.22% above the market average3.22% above the market average3.22% above the market average
15% below the sector average15% below the sector average15% below the sector average15% below the sector average15% below the sector average
Growth
3.87% below the market average3.87% below the market average3.87% below the market average3.87% below the market average3.87% below the market average
50.00% above the sector average50.00% above the sector average50.00% above the sector average50.00% above the sector average50.00% above the sector average

What The Brokers Say

Strong Buy 1
Buy 0
Neutral 2
Sell 0
Strong Sell 0
Total 3
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
  Final Interim
Ex-Div n/a 19-Sep-19
Paid n/a 15-Oct-19
Amount 0.000p 17.00p

Trades for 25-Nov-2020

Time Volume / Share Price
16:35 1,288 @ 1,360.00p
16:14 75 @ 1,355.00p
16:13 36 @ 1,365.00p
16:13 36 @ 1,360.00p
16:12 536 @ 1,360.00p

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