PPHE’s FY19 trading update is solid, meaning that management is confident of meeting expectations. FY19 like-for-like (l-f-l) room revenue growth of 6.3% follows 6.7% growth in FY18. At this stage, typically, detailed commentary on the performance at individual country level is limited. Management has indicated that trading is benefiting from the £100m investment programme, and therefore the key drivers of growth in FY19 were London and the Netherlands. FY20 will continue to benef
23 Jan 2020
PPHE Hotel Group - Encouraging end to the year
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
PPHE Hotel Group - Encouraging end to the year
PPHE Hotel Group Limited (PPH:LON) | 1,452 0 0.0% | Mkt Cap: 611.0m
- Published:
23 Jan 2020 -
Author:
Russell Pointon -
Pages:
2
PPHE’s FY19 trading update is solid, meaning that management is confident of meeting expectations. FY19 like-for-like (l-f-l) room revenue growth of 6.3% follows 6.7% growth in FY18. At this stage, typically, detailed commentary on the performance at individual country level is limited. Management has indicated that trading is benefiting from the £100m investment programme, and therefore the key drivers of growth in FY19 were London and the Netherlands. FY20 will continue to benef