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Jul 18 2022, 12:30 IST/BST
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.