Dalata Hotel Group

Reassuring trading statement

  • Sectors : Hotels
  • Companies : Dalata Hotel Group

Ratings and price correct at time of issue.

  • Dalata Hotel Group

    Closing Price: 381c

  • RATING 09/09/14

  • PREVIOUS RATING 03/09/14

    UNDER REVIEW

DAVY VIEW

Dalata has published an end-of-year trading statement, noting that 2020 earnings will be a touch ahead of consensus forecasts. Current net debt is slightly below our forecast, reflecting good cash performance. Meanwhile, progress on the new developments is on track. The company is extremely well positioned for 2021.

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Dec 17 2020, 07:15 GMT

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