Dalata Hotel Group

Refreshing forecasts for 2022

  • Jul 18 2022, 12:30 IST/BST
  • Colin Grant
  • Company Report
  • 8 page(s)
  • Sectors : Hotels
  • Companies : Dalata Hotel Group

Ratings and price correct at time of issue.

  • Dalata Hotel Group

    Closing Price: 345c

  • RATING 09/09/14

  • PREVIOUS RATING 03/09/14

    UNDER REVIEW

Person's Name

Colin Grant

Analyst

DAVY VIEW

As indicated following the recent trading update, we are increasing our 2022 adjusted EBITDA forecast to €178m, driven by stronger-than-expected RevPAR performance. We also increase our 2022 free cashflow forecast by 50% to €98m, helped by the timing of tax payments under government support initiatives. We leave our 2023/2024 profit and loss forecasts unchanged.

View full article

Download full report with analyst certification and important disclosures

Jul 18 2022, 12:30 IST/BST

Download