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Davy Research

Dalata Hotel Group

Trading statement for H1 2021

Jul 6 2021, 07:10 IST/BST
Colin Grant
Company Report
5 page(s)

Sectors : Hotels

Companies : Dalata Hotel Group

Ratings and price correct at time of issue.

Dalata Hotel Group

Closing Price: 386c
RATING 09/09/14
OUTPERFORM
PREVIOUS RATING 03/09/14

UNDER REVIEW

Colin Grant

Analyst

DAVY VIEW

Dalata has released a trading statement for H1 2021 and expects to have adjusted EBITDA close to breakeven with a €27m cash outflow allowing for capex, interest and rent payments. Liquidity remains very strong and occupancy levels in June have exceeded expectations as COVID-19 restrictions have eased.

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Jul 6 2021, 07:10 IST/BST

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Dalata Hotel Group

Trading statement for H1 2021

Dalata Hotel Group

RATING 09/09/14

UNDER REVIEW

Colin Grant

DAVY VIEW

Download full report with analyst certification and important disclosures