1 QUARTER 2013 REPORT I MOTEL ONE GROUP KEY FACTS BUSINESS DEVELOPMENT GERMAN SERVICE PRIZE German Service Prize 2013 PAGE 1
|
|
- Sheryl Sherman
- 6 years ago
- Views:
Transcription
1 1 QUARTER 2013 REPORT I MOTEL ONE GROUP KEY FACTS German Service Prize 2013 PAGE 1 Occupancy improves to 67% PAGE 2 New financing for Vienna State Opera project PAGE 3 Balance sheet total virtually unchanged PAGE 4 Strong pipeline with 30 hotels and 8,400 rooms PAGE 5 New contracts in Stuttgart and Manchester PAGE 5 German hotel market appears robust PAGE 6 Motel One Dresden (Zwinger) opened PAGE 6 BUSINESS DEVELOPMENT GERMAN SERVICE PRIZE 2013 In February, Motel One was awarded the German Service Prize in the tourism category by the German Institute for Service Quality. The examiners reviewed the quality of service provided by phone and . Waiting time, ambiance of conversation and friendliness and competence were the key criteria here. Motel One stood out in particular due to the friendly and expert advice it provided both by phone and by .
2 OCCUPANCY IMPROVES TO 67% As in the previous quarter, there are 42 hotels (previous year: 39) with 9,221 rooms (previous year: 8,433) in operation. The Group owns 41% of the capacity (previous year: 39%) while 59% of the hotels are subject to long-term leases. Despite the Easter shift, occupancy in the traditionally weaker first quarter improved to 67% (previous year: 63%). Revenue rose by 18% to EUR 42 million (previous year: 36 million). Return on sales remained the same as the previous year at 53.1%. P& L St atem ent Q Abw. No. Hotels No. Rooms - Rooms owned - Rooms rented , , ,0 9, , ,0 8, , ,0 9,9 Occupancy (%) 66,9 63,2 5,9 RevRoSold (EUR) 76,8 74,0 3,8 TEUR % TEUR % % Vj. Revenue EBITDAR Lease payments EBITDA ex Head Office Pre-Opening Expenses Head Office Expenses EBITDA Amortisation/Depreciation Interest Expenses EBT Tax Net Income , ,0 18, , ,1 18, , ,3 32, , ,8 13, , ,6-6, , ,7 15, , ,4 13, , ,9 10, , ,8 25, , ,7 12, , ,4 29, , ,3 6,5 Due to rental charges and head office costs which were higher than the previous year, EBITDA rose a mere 13% to EUR 13 million (previous year: 11 million). After depreciation and interest, earnings before tax (EBT) rose to EUR 6.3 million (previous year: 5.6). Post-tax quarterly profit generated was EUR 4.3 million, up 7% over the previous year s EUR 4 million. 1 QUARTER 2013 REPORT I MOTEL ONE GROUP 02
3 NEW FINANCING OF VIENNA STATE OPERA PROJECT Cash flow for operating activities increased to EUR 5.1 million (previous year: 3 million), taking into account depreciation and after deduction of investments in renovations. Changes in working capital totalled EUR 7.0 million (previous year: 2.0 million) and mainly relate to a prepayment for the Vienna State Opera project of EUR 3 million and the final payment for the Edinburgh construction project of EUR 3.5 million. Scheduled bank loan repayments amounted to EUR 1.5 million (previous year: 0.7 million). Cash Flow Statement Net Income + Amortisation/Depreciation - CAPEX replacement investments Cash Flow operating acitivities +/- Working Capital - Repayment of bank loans Free Cash Flow - New investments +/- JV Partner loans + Bank loans & Grants Cash Flow new investments +/- Equity Minority s Change of liquidity Cash carried forward Cash at bank & in hand 2013 Q Abw. TEUR % TEUR % % Vj , ,3 6, , ,9 10, , ,4-24, , ,5 68, , ,7 <100, , ,8 >100, , ,9 >100, , ,1 4, , ,6 >100, , ,7 <100, , ,8 >100,0 6 0,0 0 0,0 >100, , ,9 >100, , ,5 New investments of EUR 7.5 million (previous year: 7.1 million) were made for the company s own property developments in Düsseldorf (central station), Bremen and Vienna State Opera. The Joint Venture Partner Verkehrsbüro made a proportionate contribution of EUR 10.3 million (previous year: 0.2 million) for the repayment of the Vienna State Opera loan. Bank loans of EUR 5.3 million (previous year: 4.9 million) were taken out to finance the investments. In return a repayment was made of the bank loan taken out in the purchase for the Vienna State Opera project of EUR 17.2 million. There was an overall decrease of EUR 13 million (previous year: 2 million) in cash at bank and in hand in the first quarter 2013 to current cash at bank and in hand of EUR 45 million (previous year: 35 million). 1 QUARTER 2013 REPORT I MOTEL ONE GROUP 03
4 BALANCE SHEET TOTAL VIRTUALLY UNCHANGED The balance sheet total is virtually unchanged compared to at EUR 379 million (previous year: 317 million). The main changes in assets are the EUR 6 million gain in fixed assets, the EUR 5 million increase in current assets and the EUR 12 million decrease in liquid funds. Balance Sheet March, December, Abw. TEUR % TEUR % TEUR % Fixed assets Current assets Cash at bank & in hand Cash & Assets , , , , , , , , , , #DIV/0! -22, ,5 Equity , , ,5 JV Loan Bank Loans , , , , > 100, ,1 Other Liabilities Non repayable grant Equity & Liabilities , , , , , , , #DIV/0! -6, ,5 Working Capital Net Debt Debt Pipeline EBITDA Net Debt/EBITDA , , , , , ,4 Net Debt/EBITDA adj.pipeline 1,9 1,1 0,8 Under liabilities, apart from the profit-related growth in equity of EUR 4 million, the changes are mainly due to the EUR 10 million increase in the JV loans of the Verkehrsbüro Group and the EUR 14 million decrease in bank loans. Net debt remained virtually the same at EUR 110 million (previous year: 111 million). The bank loans relating to the pipeline have decreased by EUR 27 million since due to the repayment of the Vienna State Opera loan and the commissioning of the hotel in Edinburgh. Based on the extrapolated EBITDA for the quarter of EUR 12 million, the net debt/ebitda ratio increased to 2.2x, and, adjusted for the pipeline, to 1.9x. It should be borne in mind here that extrapolating the quarterly results is only of limited value due to seasonal differences. 1 QUARTER 2013 REPORT I MOTEL ONE GROUP 04
5 STRONG PIPELINE WITH 8,400 ROOMS The pipeline currently has 30 hotels with 8,400 rooms, of which around 1,900 are developed for the Group s own portfolio and around 6,600 rooms by outside investors under long-term leases. With 14 hotels and 4,300 rooms, around 51% of the pipeline is outside Germany. There are currently 13 hotels under construction with 3,600 rooms. Two hotels were secured in Q1 in Stuttgart (Bad Cannstatt) and Manchester. Pipeline March, 31 December, 31 Veränderungen /- Hot Rooms % Hot Rooms % Hot Rooms % Owned Hotels , , ,1 Rented Hotels , , ,4 Total Pipeline , , ,2 - Pipeline International , , >100,0 - Hotels under construction , , ,0 TEUR TEUR TEUR Owned Hotels , , >100,0 Rented Hotels , , ,7 Invest Plan , , ,7 FF&E grants , ,5 0 0,0 Bank loans , , ,5 Finance Plan , , ,1 Cash requirements , , >100,0 > - Cash , , ,0 - Cash following years , , ,4 The pipeline s investment commitments totalled EUR 182 million. These are matched by loan commitments of EUR 109 million and investment subsidies of EUR 6 million, leaving a cash requirement of EUR 67 million. EUR 35 million of this relates to the current financial year 2013 and EUR 32 million to following years. As in previous years, based on the good earnings position, any cash required for growth can largely be generated from the free cash flow of the hotels. 1 QUARTER 2013 REPORT I MOTEL ONE GROUP 05
6 MARKET AND OUTLOOK The hotel market in Germany and Austria was already showing a levelling off in growth in Q with a RevPAR Plus of only 1.4% and 0.4% respectively. For Europe as a whole, STR shows stagnation at the level of the previous year. UK, the Netherlands, Belgium, Switzerland, the Baltic States and Greece showed a marked decline due to the state of the economy. Growth was uneven as far as German destinations were concerned, with the top destinations of Berlin, Munich and Frankfurt showing excellent growth, while Hamburg and Dresden in contrast showed a decline, as did Düsseldorf and Essen due to trade fairs (source: STR Global). MOTEL ONE DRESDEN (ZWINGER) OPENED Next to the Schauspielhaus and with a view of the famous baroque monument the Dresden Zwinger, the second Motel One in Dresden, the Group s 43rd hotel, opened in April with 288 rooms. This was followed in May by the opening of the Motel One Düsseldorf (central station). Autumn will see another five new hotels in Cologne (Mediapark), Rostock, Frankfurt (trade fair centre) and Vienna (Prater), as well as the second Motel One in Edinburgh. No serious changes are expected in terms of market performance. In line with estimates of GDP, growth is expected to flatten out further. Munich, April QUARTER 2013 REPORT I MOTEL ONE GROUP 06
Bank of Ireland Hotel Sector Briefing
Bank of Ireland Hotel Sector Briefing 29 th November 2018 Sarah Duignan Director, Client Relationships sduignan@str.com 2018 STR, Inc. All Rights Reserved. Any reprint, use or republication of all or a
More informationINTERIM RESULTS Q February 2011 Brussels
INTERIM RESULTS Q4-2010 22 February 2011 Brussels 1 MARKET DEVELOPMENT 2010 All key destinations in Rest of Western Europe experienced strong RevPAR growth Sweden was the only country in the Nordics that
More informationU CITY PCL FY 2017 EARNINGS PRESENTATION
FY 217 EARNINGS PRESENTATION 21 FEBRUARY 218 IR CONTACT Address: U City Public Company Limited IR Department 2 th Floor, TST Tower, 21 Soi Choei Phuang, Viphavadi-Rangsit Rd. Chomphon, Chatuchak, Bangkok,
More informationTrends in the Secondary Markets
Trends in the Secondary Markets The Hidden Champions The Secondary Markets 1 1 Due to the high demand pressure and associated price rises in established office markets, smaller markets are becoming more
More informationS IMMO HY results August 2017
S IMMO HY results 2017 29 August 2017 Ongoing success in 2017 Excellent HY results following record year 2016 Net income for the period more than tripled compared to HY 2015 Financing result improved by
More informationQ RESULTS BRUSSELS, 23 JULY 2015 WOLFGANG M. NEUMANN, PRESIDENT & CEO KNUT KLEIVEN, DEPUTY PRESIDENT & CFO
Q2 2015 RESULTS BRUSSELS, 23 JULY 2015 WOLFGANG M. NEUMANN, PRESIDENT & CEO KNUT KLEIVEN, DEPUTY PRESIDENT & CFO Park Inn by Radisson Istanbul Ataturk Airport 1 I Q2-2015 Results Strengthening our position
More informationALLIANZ REAL ESTATE REAL ESTATE INVESTMENTS FROM A GLOBAL INVESTOR S PERSPECTIVE
ALLIANZ REAL ESTATE REAL ESTATE INVESTMENTS FROM A GLOBAL INVESTOR S PERSPECTIVE Investors Forum 2018 Alexander Gebauer CEO Western Europe Brussels, January 18 th 2018 Vertigo, Luxembourg AGENDA 01 at
More informationREZIDOR HOTEL GROUP AB (PUBL.)
REZIDOR HOTEL GROUP AB (PUBL.) YEAR END FINANCIAL REPORT 1 ST JANUARY 31 ST DECEMBER Full year Revenue increased to MEUR 707.3 (587.0). Profit after tax of MEUR 29.0 (23.2) Earnings Per Share amounts to
More informationCORESTATE Capital Group
CORESTATE Capital Group Q3 2017 Earnings Presentation November 2017 Disclaimer This presentation contains forward-looking statements that involve a number of risks and uncertainties. Such statements are
More informationREPORT ON THE FIRST QUARTER OF 2012
REPORT ON THE FIRST QUARTER OF 2012 Zwischenbericht Q1/2012 1 KEY FIGURES OF THE WARIMPEX GROUP Retrospectively adjusted 1 EUR 000 1 3/2012 Change 1 3/2011 Revenues from the Hotels & Resorts segment 12,238
More information2 nd quarter
Q22008 Key Figures key figures 2 nd quarter 2008 2 nd quarter 2007 1 st half of 2008 1 st half of 2007 revenues and earnings EUR 000 EUR 000 EUR 000 EUR 000 Revenues 51,711 34,949 98,309 58,409 Total operating
More informationRevPAR Like-for-Like (for leased and managed hotels) up by 10.9% to EUR 71 (64), and occupancy was 65% (62).
FINANCIAL REPORT JANUARY MARCH REZIDOR HOTEL GROUP AB (publ) FINANCIAL REPORT 1 st JANUARY 31 st MARCH FIRST QUARTER Revenue increased to MEUR 173.4 (156.2). EBITDA amounted to MEUR 4.5 (-0.4), and EBITDA
More informationU CITY PCL 1Q 2018 EARNINGS PRESENTATION
1Q 2018 EARNINGS PRESENTATION 17 MAY 2018 IR CONTACT Address: U City Public Company Limited IR Department 20 th Floor, TST Tower, 21 Soi Choei Phuang, Viphavadi-Rangsit Rd. Chomphon, Chatuchak, Bangkok,
More informationRolling Up German Real Estate
Rolling Up German Real Estate Initiative Immobilien-Aktie Frankfurt / Main Frank Schaich, CEO Page 1 1. Snapshot 2. Fair Value s strategy 3. Real estate portfolio 4. Direct investments 5. Participations
More informationQ & Full Year RESULTS BRUSSELS, 22 nd February 2019
Q4 2018 & Full Year RESULTS BRUSSELS, 22 nd February 2019 FEDERICO J. GONZÁLEZ, PRESIDENT & CEO KNUT KLEIVEN, DEPUTY PRESIDENT & CFO Radisson Collection Strand Hotel, Stockholm Q4 Key developments Radisson
More informationQ INTERIM RESULTS
Q3-2009 INTERIM RESULTS 30th October 2009 15:30 CET 1 MARKET DEVELOPMENT Weak business travel demand Increased leisure travel during the summer RevPAR drop now mainly attributed to declining room rates
More informationQ Results. Wolfgang M. Neumann, President & CEO Knut Kleiven, Deputy President & CFO July 17, Brussels. Radisson Blu Hotel, Istanbul Pera
Q2- Results Wolfgang M. Neumann, President & CEO Knut Kleiven, Deputy President & CFO July 17, Brussels Radisson Blu Hotel, Istanbul Pera The macro-economic climate in Europe remains fragile and emerging
More informationPORR is and will remain a construction company that builds as much as possible itself.
PORR is and will remain a construction company that builds as much as possible itself. Intelligent building connects people Press Conference on the Annual Results 26.04.2018 Slide 2 Our strategy remains
More informationReal Estate Markets Germany Dr. Thomas Beyerle, London 22nd of September
Real Estate Markets Germany 2015 Dr. Thomas Beyerle, London 22nd of September German economy Why invest in Germany? 2 2015 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
More information2008 RESULTS. Radisson Ambassador Hotel Paris Opéra
2008 RESULTS Radisson Ambassador Hotel Paris Opéra 11 FEBRUARY 2009 BRUSSELS Kurt Ritter, President & CEO Knut Kleiven, Deputy President & CFO Puneet Chhatwal, Chief Development Officer 1 Dec-08 Apr-08
More informationEuropean Regional Economic Growth Index Introduction to E-REGI
September 2016 European Regional Economic Growth Index Introduction to E-REGI What is E-REGI? Launched in 2000-2016 is the 17 th edition of E-REGI Europe-wide coverage - 32 countries - 295 European regions
More informationA STRONG FINISH TO A SUCCESSFUL YEAR
The largest hotel company in the Nordics Year-End Report A STRONG FINISH TO A SUCCESSFUL YEAR FOURTH QUARTER IN SUMMARY RevPAR LFL grew by 5.2%, driven by higher occupancy and increased average room rates.
More informationRevenue from Property Management amounted to MSEK 749 (571). For comparable units the increase was 1 percent adjusted for currency effects
Revenue from Property Management amounted to MSEK 749 (571). For comparable units the increase was 1 percent adjusted for currency effects Net operating income from Property Management amounted to MSEK
More informationOutlook 2015: Europe & Germany
Part of the M&G Group Outlook 215: Europe & Germany Research presentation 27 th November 214 European Economic Fundamentals Update & Outlook 2 Economic recovery broadening GDP growth by country Q3 214
More informationInvest. Optimize. Realize. KEY FIGURES. 2 Key Figures PATRIZIA Immobilien AG Fiscal Year 2008 First Quarter. 1 st quarter
Q12008 2 Key Figures Immobilien AG Fiscal Year 2008 First Quarter KEY FIGURES 31.03.2007 REVENUES AND EARNINGS EUR 000 EUR 000 Revenues 46,598 23,460 Total operating performance 31,639 612,589 EBITDA 6,967
More informationThe Art of Shopping. Interim Report Q1 2005
The Art of Shopping Interim Report Q1 2005 Key Figures Key Group Figures 1 Jan. 1 Jan. E million 31 Mar. 2005 31 Mar. 2004 Change Revenue 17.4 14.9 17% EBIT 13.8 13.2 5% Net finance costs -6.8-5.0-36%
More informationQ RESULTS BRUSSELS, 22 OCTOBER 2015 WOLFGANG M. NEUMANN, PRESIDENT & CEO KNUT KLEIVEN, DEPUTY PRESIDENT & CFO
Q3 215 RESULTS BRUSSELS, 22 OCTOBER 215 WOLFGANG M. NEUMANN, PRESIDENT & CEO KNUT KLEIVEN, DEPUTY PRESIDENT & CFO Radisson Blu Azuri Resort & Spa, Mauritius 1 I Q3-215 Results Q3-7 Q3-8 Q3-9 Q3-1 Q3-11
More informationDeutsche Wohnen SE.» 9M 2017 results. Conference Call, 14 November 2017
Deutsche Wohnen SE» 9M 2017 results Conference Call, 14 November 2017 1 » Agenda 1 Highlights 9M 2017 2 Portfolio 3 Financials 4 Appendix 2 » Highlights 9M 2017 Strong operating business L-f-l rental growth
More informationeasyhotel plc Results for the year ended 30 September 2017
Results for the year ended 30 September 2017 Introduction Guy Parsons Chief Executive Officer p2 Highlights Delivering Growth Revenue +39.7% Adjusted EBITDA +48.3% PBT before one-offs +43.0% Market Outperformance
More informationHALF YEAR RESULTS PRESENTATION 2018 RESULTS FOR THE SIX MONTHS ENDED 31 MAY 2018
HALF YEAR RESULTS PRESENTATION 2018 RESULTS FOR THE SIX MONTHS ENDED 31 MAY 2018 2018 Overview Encouraging first half performance with accelerated momentum in Q2 Adjusted operating profit +6% to 20.4m
More information2017 HALF YEAR 25 JULY 2017
2017 HALF YEAR RESULTS 25 JULY 2017 Strong financial results and robust balance sheet Driving performance through operational excellence and disciplined capital allocation High quality pipeline of growth
More informationUnaudited Interim Results for the six months ended 30 June 2018
Unaudited Interim Results for the six months ended 6 SEPTEMBER 2018 PPHE Hotel Group, which together with its subsidiaries (the Group ), is an international hospitality real estate group, which owns, co-owns
More informationEU Report. Europe NOVEMBER 2018
H EU Report Europe NOVEMR 2018 ANALYSIS OF HOTEL RULTS NOVEMR 2018 Europe s hospitality industry holds its course Apart from a few incidents for some, indicators have been on a positive trend since June
More informationHotel Performance Across Key European Markets
Hotel Performance Across Key European Markets Natalie Weisz Research & Analysis Manager NWeisz@STR.com 2018 STR, Inc. All Rights Reserved. Any reprint, use or republication of all or a part of this presentation
More informationBRINGING UNIQUE EXPERIENCES TOGETHER ANNUAL R E SU LT S A N D COMPA N Y PRO FILE
BRINGING UNIQUE EXPERIENCES TOGETHER 2 017 ANNUAL R E SU LT S A N D COMPA N Y PRO FILE WELCOME From the moment our guests consider a stay with PPHE Hotel Group to their safe return home, we want them to
More informationQ RESULTS BRUSSELS, 26 JULY 2018
Q2 2018 RESULTS BRUSSELS, 26 JULY 2018 FEDERICO J. GONZÁLEZ, PRESIDENT & CEO KNUT KLEIVEN, DEPUTY PRESIDENT & CFO Radisson Blu Hotel, Lyon, France Q2 Key Highlights Q3-2017 Very encouraging financial quarter:
More informationWe create value. TAG ı Interim report ı
We create value 27 1 TAG ı Interim report ı TAG Group in figures in TEUR 1/1/-3/31/7 1/1/-3/31/6 2 TAG ı TAG Group in figures ı Revenues 12,843 14,594 a) Sale of properties 3,72 8,83 b) Facility management
More informationAcquisition of Casa Reha
Major step in Korian s expansion in Germany PARIS 10 NOVEMBER 2015 1 Disclaimer 2 Casa Reha: A strategic acquisition Major achievement in Germany Reinforced leadership in the most dynamic European market
More informationQ RESULTS BRUSSELS, 27 JULY 2016
Q2 2016 RESULTS BRUSSELS, 27 JULY 2016 WOLFGANG M. NEUMANN, PRESIDENT & CEO KNUT KLEIVEN, DEPUTY PRESIDENT & CFO 1 I Q2-2016 Results Radisson Blu Beach Resort, Milatos Crete, Greece Significant further
More informationRevenue from Property Management amounted to MSEK 621 (474). Adjusted for currency effects and comparable units, the increase was 0.
Revenue from Property Management amounted to MSEK 621 (474). Adjusted for currency effects and comparable units, the increase was 0.5 percent Net operating income from Property Management amounted to MSEK
More informationCA Immobilien Anlagen AG: CA Immo on course for strong growth
Adhoc service of the pressetext news agency Josefstädter Straße 44, 1080 Vienna, Austria, phone: +43 1 81140-0 publication: 22.11.2017 18:40 source: http://adhoc.pressetext.com/news/1511372400680 keywords:
More informationCONTINUED GROWTH BUT HIGH COSTS IN THE QUARTER
The largest hotel company in the Nordics January December 2017 CONTINUED GROWTH BUT HIGH COSTS IN THE QUARTER FOURTH QUARTER IN SUMMARY Net sales increased by 8.1% to 3,743 MSEK (3,463) due to more rooms
More informationMemorandum of Understanding Signed with France s Largest Residential Landlord Société Nationale Immobilière (SNI) Assessing the Potential of European
Memorandum of Understanding Signed with France s Largest Residential Landlord Société Nationale Immobilière (SNI) Executive Summary Vonovia has signed a Memorandum of Understanding (MoU) with SNI, the
More informationUnaudited Interim Results 6 September 2017
PPHE Hotel Group Limited ( PPHE Hotel Group or the Company ) Unaudited Interim Results 6 September 2017 for the six months ended PPHE Hotel Group, which together with its subsidiaries (the Group ) owns,
More informationBNP PARIBAS SECURITIES SERVICES
BNP PARIBAS SECURITIES SERVICES PROVIDING RESPONSIBLE SERVICE TO OUR CLIENTS securities.bnpparibas.de The bank for a changing world 2 BNP PARIBAS GLOBALLY One of the leading banks in the eurozone 189,000
More informationArena Hospitality Group PRESENTATION OF FY 2017 AUDITED RESULTS
Arena Hospitality Group PRESENTATION OF FY 2017 AUDITED RESULTS March 2 nd, 2018 DISCLAIMER This document and the oral presentation do not constitute an offer of securities or a solicitation of an offer
More informationINCREASED FOCUS ON COSTS
The leading hotel company in the Nordics January March 2018 INCREASED FOCUS ON COSTS FIRST QUARTER IN SUMMARY Net sales rose by 22.5 percent to 3,791 MSEK (3,095), driven by more rooms in operation and
More informationQ SALES AND RESULTS
Q1 2018 SALES AND RESULTS 9 th May 2018 1 Q1 2018 Main Financial Aspects Solid revenue growth of +4.9% (+6.8% at constant exchange rates) reaching 345m (+ 16m) in the first quarter of the year. In the
More informationCompany Presentation. January 2018
Company Presentation January 2018 Disclaimer This document is for informational purposes only. This document is not intended to form the basis of any investment decision and should not be considered as
More informationThomas Cook Group. Interim Results 6 months ended 31 March May 2010
Thomas Cook Group Interim Results 6 months ended 31 March 2010 13 May 2010 Welcome and Introduction Agenda 1 Key Highlights Manny Fontenla-Novoa 2 Financial Review Paul Hollingworth 3 Current Trading and
More informationSOLID DEVELOPMENT IN SALES & PROFITS
The largest hotel company in the Nordics January September 2017 SOLID DEVELOPMENT IN SALES & PROFITS THIRD QUARTER IN SUMMARY Net sales increased by 11.1% to 3,974 MSEK (3,577) primarily due to higher
More informationINTERIM REPORT ON THE 3RD QUARTER GROWING CASHFLOWS
INTERIM REPORT 2017 ON THE 3RD QUARTER GROWING CASHFLOWS 2 Group financials Group financials 3 GROUP FINANCIALS in EUR m 01 / 01 09 / 30 / 2017 01 / 01 09 / 30 / 2016 Income statement key figures Rental
More informationINTERIM RESULTS Q2-2012
INTERIM RESULTS Q2-2012 KURT RITTER President and CEO KNUT KLEIVEN Deputy President and CFO Friday, July 13, 2012 Margin expansion driven by a solid RevPAR growth 6% L/L RevPAR growth L/L RevPAR grew 6%,
More informationQ RESULTS BRUSSELS, 25 OCTOBER 2018
Q3 2018 RESULTS BRUSSELS, 25 OCTOBER 2018 FEDERICO J. GONZÁLEZ, PRESIDENT & CEO KNUT KLEIVEN, DEPUTY PRESIDENT & CFO Radisson Blu Hotel, Lyon, France Q3 Key Highlights Q3-2017 Best EBITDA financial in
More informationH PRODUCED BY: OBJEKT: INTERIM REPORT BUILDING BUSINESS
OBJEKT: INTERIM REPORT H1 2006 PRODUCED BY: BUILDING BUSINESS 24.8 KEY FIGURES KEY GROUP FIGURES 1 Jan. 1 Jan. million 30 June 2006 30 June 2005 Change Revenue 45.9 35.2 30% EBIT 39.0 28.2 38% Net finance
More informationPROPERTY EU EUROPEAN LOGISTICS INVESTMENT BRIEFING
PROPERTY EU EUROPEAN LOGISTICS INVESTMENT BRIEFING RICHARD HOLBERTON, SENIOR DIRECTOR, EMEA RESEARCH, CBRE FEBRUARY 19 TH 2015 AGENDA Economy Market Activity Forecasts Issues ECONOMY 2014 Some Alarms and
More informationInterim presentation. 15 February, Anders Nissen, CEO Liia Nõu, CFO
Interim presentation 15 February, 2018 Anders Nissen, CEO Liia Nõu, CFO Forward-looking statements This presentation contains forwardlooking statements. Such statements are subject to risks and uncertainties
More informationSources: Eurostat, RZB, Statistisches Bundesamt, Trade & Invest, WIFO
first QUARTER REPORT 2009/10. 2 Highlights. Economic environment clearly perceptible: decrease in sales by 20 % to EUR 47.6 million After historical record quarter of the previous year, slightly negative
More informationQ HIGHLIGHTS MEUR MEUR % MEUR MEUR 48.4 MEUR 94.8 MEUR % 1.87% +2.2% +1.9 PP +3.5% +73.8% + >100% +19.9% +81.
Q1-2 2018 HIGHLIGHTS STRENGTHENED OPERATING PERFORMANCE Occupancy rate 94.7% Rental income MEUR 119.0 Rental income lfl MEUR 98.2 +1.9 PP +3.5% +2.2% KPIs SIGNIFICANTLY IMPROVED Results of AM MEUR 94.8
More informationThe Company. Design Build Service 2015/16
The Company Design Build Service 2015/16 2 Financial Report 2015/16 The forty-seventh financial year began on 1 April 2015 and ended on 31 March 2016. Geschäftsbericht Financial Report 2015/16 3 409 buildings
More informationThe following announcement was issued today to a Regulatory Information Service approved by the Financial Services Authority in the United Kingdom.
To: Business Editor 29th July 2010 For immediate release The following announcement was issued today to a Regulatory Information Service approved by the Financial Services Authority in the United Kingdom.
More informationBank of Greece 2 nd conference on real estate market. Property valuations during crisis: consequences and risks
Bank of Greece 2 nd conference on real estate market Property valuations during crisis: consequences and risks Ioannis Ganos MRICS Chairman RICS Hellas Bluehouse Capital Agenda 1. European Economic Environment
More informationQ4 and Full-Year 2013 Results
Q4 and Full-Year 2013 Results Wolfgang M. Neumann, President & CEO Knut Kleiven, Deputy President & CFO February 7, Amsterdam / Radisson Blu Hotel Amsterdam, Netherlands An expanding portfolio in the Netherlands
More informationBUSINESS REVIEW Q1/2018 / CRAMO PLC Q1
BUSINESS REVIEW /2018 / CRAMO PLC 1 BUSINESS REVIEW /2018 / CRAMO PLC STRONG FIRST QUARTER FOR BOTH DIVISIONS - KBS INFRA INCLUDED FROM 1 ST OF MARCH JANUARY MARCH 2018 Sales EUR 175.3 (162.9) million,
More informationRevenue from Property Management amounted to MSEK 791 (568). Adjusted for currency effects and comparable units, the increase was 0.
Revenue from Property Management amounted to MSEK 791 (568). Adjusted for currency effects and comparable units, the increase was 0.5 percent Net operating income from Property Management amounted to MSEK
More informationOperational highlights
WARIMPEX Report on the First Three Quarters of 2018 2 warimpex Report on the First Three Quarters of 2018 Warimpex Group Key Figures in EUR 000 1 9/2018 Change 1 9/2017 Hotels revenues 9,681-61% 24,551
More informationQ RESULTS AMSTERDAM, 23 JULY 2014 WOLFGANG M. NEUMANN, PRESIDENT & CEO KNUT KLEIVEN, DEPUTY PRESIDENT & CFO. Radisson Blu Hotel, Amsterdam
Q2 2014 RESULTS AMSTERDAM, 23 JULY 2014 WOLFGANG M. NEUMANN, PRESIDENT & CEO KNUT KLEIVEN, DEPUTY PRESIDENT & CFO Radisson Blu Hotel, Amsterdam Timing of Easter and special events negatively impact Q2
More informationAdministrative and support service statistics - NACE Rev. 2
Administrative and support service statistics - NACE Rev. 2 Statistics Explained Data from May 2018 Planned article update: October 2019 This article presents an overview of statistics for the European
More informationUBM Development. - strongly embedded in its attractive home markets
UBM Development - strongly embedded in its attractive home markets Disclaimer This presentation was prepared by UBM Realitätenentwicklung Aktiengesellschaft ( the Company ; UBM Development ) solely for
More informationHerford Interim Report Q1 2014/15
AHLERS AG Herford Interim Report Q1 2014/15 AHLERS AG INTERIM REPORT Q1 2014/15 (December 1, 2014 to February 28, 2015) BUSINESS PERFORMANCE IN THE FIRST THREE MONTHS OF FISCAL 2014/15 -- 7 percent decline
More informationEuropean Real Estate Market H
European Real Estate Market H1 2 18 The European Union MACROECONOMIC OVERVIEW 18. Contribution of some Member States to the EU-28 GDP (million euro) Globally, economic growth remains solid, but less synchronized
More informationCONTINUED IMPROVED EARNINGS
The leading hotel company in the Nordics January September 2018 CONTINUED IMPROVED EARNINGS THIRD QUARTER IN SUMMARY Net sales rose by 22.6% to 4,874 MSEK (3,974), driven by more rooms in operation, including
More informationS IMMO Q3 results November 2018
S IMMO Q3 results 2018 27 November 2018 We develop value Highlights Q3 2018 Gross profit exceeds previous year s level Earnings per share increased to EUR 1.20 Record FFO I (almost +30% compared to previous
More informationWacker Neuson SE. Analyst conference results for Q May 14, Dr.-Ing. Georg Sick, CEO - Mag. Günther Binder, CFO.
Wacker Neuson SE Analyst conference results for Q1 2009 May 14, 2009 Dr.-Ing. Georg Sick, CEO - Mag. Günther Binder, CFO Overview Summary Q1 2009 Financials Q1 2009 Outlook 2 Wacker Neuson SE maintained
More informationInterim Condensed Consolidated Financial Statements_ for the period 1 January to 31 March 2017
Interim Condensed Consolidated Financial Statements_ for the period 1 January to 31 March 2017 Consolidated Statements of Financial Position_ 2 Consolidated Statements of Financial Position_ Assets Notes
More informationQ RESULTS BRUSSELS, 24 OCTOBER 2014 WOLFGANG M. NEUMANN, PRESIDENT & CEO KNUT KLEIVEN, DEPUTY PRESIDENT & CFO
Q3 2014 RESULTS BRUSSELS, 24 OCTOBER 2014 WOLFGANG M. NEUMANN, PRESIDENT & CEO KNUT KLEIVEN, DEPUTY PRESIDENT & CFO Radisson Blu Hotel, Sheremetyevo Airport Moscow Q3 results ahead of last year despite
More informationJanuary December 2017
January December Fourth Quarter On a like-for-like basis ( L/L ) Revenue increased by 2.8%, supported by L/L RevPAR growth for leased and managed hotels of 4.3%. The RevPAR growth is due to increase in
More informationStatistics Distribution of Proceedings Initiated in Types of Proceedings Total number of DIS Proceedings
Statistics 2017 I. Statistic 1. DIS Proceedings Initiated in 2017 DIS - Sport Arbitration Proceedings 17% Distribution of Proceedings Initiated in 2017 ADR and other proceedings 5% DIS/Chambers of Industry
More informationFIRST QUARTER 2017 INTERIM STATEMENT
DEMIRE Deutsche Mittelstand Real Estate AG FIRST QUARTER 2017 INTERIM STATEMENT Fiscal Year January 1 Dezember 31 2017 Foreword of the Executive Board Dear Shareholders, With the quarterly statement for
More informationFIRST HALF-YEAR REPORT 2009/10.
FIRST HALF-YEAR REPORT 2009/10. 2 Key Messages. Economic environment negatively impacts on sales and earnings Drop in sales by 24.1 % to EUR 95.8 million EBIT decreased to EUR -6.4 million in the second
More informationQ RESULTS STOCKHOLM, 24 APRIL 2015 WOLFGANG M. NEUMANN, PRESIDENT & CEO KNUT KLEIVEN, DEPUTY PRESIDENT & CFO. Radisson Red Rendering
Q1 2015 RESULTS STOCKHOLM, 24 APRIL 2015 WOLFGANG M. NEUMANN, PRESIDENT & CEO KNUT KLEIVEN, DEPUTY PRESIDENT & CFO Radisson Red Rendering First Radisson Red signed in EMEA with prominent location in Cape
More informationIMMOFINANZ GROUP Q1 RESULTS 2012/13 25 September 2012
IMMOFINANZ GROUP Q1 RESULTS 2012/13 25 September 2012 OVERVIEW: Q1 RESULTS 2011/12 VS. 2012/13 (*) FX effects: Revaluation of properties under construction resulting from foreign exchange effects (EUR
More informationTAG Immobilien AG. FY 2010 figures. FY 2010 Figures TAG I 1
TAG Immobilien AG FY 2010 figures FY 2010 Figures TAG I 1 Content I. Group overview Investment case/ Strategy, Structure Highlights Combined Entity TAG CRE page 3-9 II. Portfolio page 10-19 Overview Residential
More informationJanuary-September 2016
January-September Third Quarter Like-for-like ( L/L ) RevPAR for leased and managed hotels was up by 5.3%. The growth is mainly due to an increase in average room rate. Revenue decreased by 3.9% to 251.3
More informationEdisun Power Europe Ltd Universitätstrasse Zurich. Consolidated Interim Financial Statements (unaudited) June 30, 2016
Edisun Power Europe Ltd Universitätstrasse 51 8006 Zurich Consolidated Interim Financial Statements (unaudited) June 30, 2016 Consolidated Interim Balance Sheet (unaudited) Notes 30.06.2016 31.12.2015
More informationBaden-Baden CONSOLIDATED FINANCIAL STATEMENTS
Baden-Baden CONSOLIDATED FINANCIAL STATEMENTS for the year ended December 31, 2016 Berlin CONTENT DECLARATION OF THE MEMBERS OF THE BOARD OF DIRECTORS 2-3 BOARD OF DIRECTORS REPORT 4-17 INDEPENDENT AUDITORS
More informationFrank Fiskers, President & CEO Gunilla Rudebjer, CFO Stockholm, May 12, 2016
Frank Fiskers, President & CEO Gunilla Rudebjer, CFO Stockholm, May 12, 1 Strong business momentum with continued healthy underlying demand Norway - still a mixed picture but some stabilisation Ongoing
More informationAgenda. About IREIT Global. Key Highlights. Portfolio Summary. Economy & Real Estate Review. Looking Ahead. Appendix : Overview of Tikehau Capital
4Q 2017 and FY 2017 Results Presentation 14 February 2018 Agenda About IREIT Global Key Highlights Portfolio Summary Economy & Real Estate Review Looking Ahead Appendix : Overview of Tikehau Capital 2
More information9M 2018 RESULTS 09 NOVEMBER 2018 TLG IMMOBILIEN AG 9M 2018 RESULTS
TLG IMMOBILIEN AG 9M 208 RESULTS DISCLAIMER This presentation includes statements, estimates, opinions and projections with respect to anticipated future performance of TLG IMMOBILIEN ("Forward-Looking
More informationSALES AND RESULS 2017
SALES AND RESULS 2017 28 th February 2018 1 2017 Main Financial Aspects Solid revenue growth of +6.5% (+7.0% at constant exchange rates) reaching 1,571m (+ 97m) in the year. In the like-for-like ("LFL")
More informationTable of Contents. (1) H1 2016/17 at a Glance. page. The GERRY WEBER Share. page. Interim Group Management Report. page 27. Forecast/Outlook.
Table of Contents (1) H1 2016/17 at a Glance page 2 (2) The GERRY WEBER Share page 4 (3) Interim Group Management Report page 6 (4) (5) Forecast/Outlook Financial Statements page 27 page 31 (6) Explanatory
More informationACCENTRO Real Estate AG
ACCENTRO Real Estate AG Germany s Market Leader in Residential Property Privatisation Company Presentation, 6th November 2018 Interim Financial Report for the 3rd quarter 2018, 30th September 2018 ACCENTRO
More informationIreland Revenue Forum
Ireland Revenue Forum 27 th June 2017 Sarah Duignan Director, Client Relationships sduignan@str.com @SarahDuignanSTR 2016 STR, Inc. All Rights Reserved. Any reprint, use or republication of all or a part
More informationPress Release Corporate News Vienna, 2 August 2013
Press Release Corporate News Vienna, 2 August 2013 IMMOFINANZ Group confirms upward trend in operations during 2012/13 property sales at record high, net profit lower due to decline in positive valuation
More informationTUI AG Financial Year 2009/10 Corrected Interim Report 1 October 31 December 2009
TUI AG Financial Year 2009/10 Corrected Interim Report 1 October 31 December 2009 Aktiengesellschaft Table of Contents 2 Economic Situation 2 General Economic Situation 2 Correction of Interim Financial
More informationInterim Announcement Q WE DEVELOP GROWTH
Interim Announcement Q1 2015 WE DEVELOP GROWTH 1 // Key Group indicators In EUR thousand 01/01/2015-31/03/2015 01/01/2014-31/03/2014 Change Highlights Revenue 17,983 16,886 +6.5% Total operating revenue
More informationThe Art of Shopping. Interim Report Q
The Art of Shopping Interim Report Q1 3 2005 Key Figures Key Group Figures 1 Jan. 1 Jan. E million 30 Sept. 2005 30 Sept. 2004 Change Revenue 53,3 45,3 18% EBIT 42,9 39,7 8% Net finance costs -20,8-17,7-18%
More informationSALES AND RESULTS 1 st Half 2018
SALES AND RESULTS 1 st Half 2018 July 26 th, 2018 1 H1 2018 Main Financial Aspects Revenue growth of +3.9% (+5.8% at constant exchange rates) reaching 785m (+ 30m) in the first six months of the year.
More informationInterim Report JANUARY TO SEPTEMBER 2017
9M Interim Report JANUARY TO SEPTEMBER 2017 KEY FIGURES REVENUES AND EARNINGS in EUR k 2017 2016 ¹ 01.01. 30.09.2017 01.01. 30.09.2016 Change Revenues 163,006 163,935 0.6% Total operating performance 157,068
More informationPrime Office REIT-AG EXCELLENCE IN GERMAN REAL ESTATE. Roadshow FY 2011 results Zurich, London, Frankfurt, Brussels, Paris and Amsterdam April 2012
Prime Office REIT-AG EXCELLENCE IN GERMAN REAL ESTATE Roadshow FY 2011 results Zurich, London, Frankfurt, Brussels, Paris and Amsterdam April 2012 0 Disclaimer The statements contained herein may include
More information