PPHE Hotel Group Ltd (PPH)

Sector:

Tourism and Leisure Services

Index:

FTSE 250

1,145.00p
   
  • Change Today:
      80.00p
  • 52 Week High: 2,140.00p
  • 52 Week Low: 805.00p
  • Currency: UK Pounds
  • Shares Issued: 42.46m
  • Volume: 12,694
  • Market Cap: £486.16m
  • RiskGrade: 335

PPHE Hotel sees 'good growth' in both revenue and profits

By Iain Gilbert

Date: Thursday 27 Feb 2020

LONDON (ShareCast) - (Sharecast News) - Hospitality real estate group PPHE Hotel Group outlined some good growth in revenue and profits on Thursday after completing its ?100m multi-year investment programme.
PPHE said like-for-like revenues were up 5.2% year-on-year at ?355.8m, while underlying earnings improved 3.4% to ?177.4m on a like-for-like basis.

Normalised pre-tax profits increased by 7.9% to ?40.7m.

Reported EBITDA rose 8.6% to ?122.9m and earnings per share grew from 115p to 128p.

The FTSE 250-listed group proposed a final dividend of 20p per share, bringing its total dividend for 2019 to 37p per share - an increase of 5.7%.

PPHE pointed to the continued benefit of its asset upgrade investment projects, which it said was being reflected in its financial performance and "a significantly enhanced guest experience".

The firm also highlighted that its real estate assets had been independently valued at ?1.7bn by Savills and Zagreb Nekretnine during the summer of 2019.

Chief executive Boris Ivesha said: "Our 2019 financial results coupled with our strategic progress once again demonstrate the strength of our unique business model, the appeal of our hospitality real estate portfolio and our rigorous focus on performance.

"Whilst we are closely monitoring the current uncertain macro-environmental developments related to the Coronavirus outbreak and its impact on travel patterns, trading for the two months in 2020 for our group has been in line with the board's expectations."

As of 1200 GMT, PPHE shares were down 0.57% at 1,740p.

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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 1,145.00p
Change Today 80.00p
% Change 7.51 %
52 Week High 2,140.00p
52 Week Low 805.00p
Volume 12,694
Shares Issued 42.46m
Market Cap £486.16m
RiskGrade 335

PPH Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
52.30% above the market average52.30% above the market average52.30% above the market average52.30% above the market average52.30% above the market average
20.00% above the sector average20.00% above the sector average20.00% above the sector average20.00% above the sector average20.00% above the sector average
Price Trend
50.78% below the market average50.78% below the market average50.78% below the market average50.78% below the market average50.78% below the market average
9.59% above the sector average9.59% above the sector average9.59% above the sector average9.59% above the sector average9.59% above the sector average
Income
39.21% below the market average39.21% below the market average39.21% below the market average39.21% below the market average39.21% below the market average
20% below the sector average20% below the sector average20% below the sector average20% below the sector average20% below the sector average
Growth
19.25% below the market average19.25% below the market average19.25% below the market average19.25% below the market average19.25% below the market average
27.54% above the sector average27.54% above the sector average27.54% above the sector average27.54% above the sector average27.54% above the sector average

What The Brokers Say

Strong Buy 2
Buy 0
Neutral 1
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 10-Jul-2020

Time Volume / Share Price
16:35 2,619 @ 1,145.00p
16:29 40 @ 1,140.00p
16:29 20 @ 1,140.00p
16:29 29 @ 1,150.00p
16:29 1 @ 1,145.00p

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