PPHE continues to please, with resilient H1 operating results complemented by first-time disclosure of EPRA reporting, which highlights its real estate business with EPRA NAV of £24.21 at June 2018, significantly ahead of the current share price. A fine record of value creation (21% CAGR in NAV over the seven years to end-2017, as newly presented) should underpin the company’s ability to leverage on its assets, in addition to reinvestment potential from £152m excess cash. H1
04 Oct 2018
PPHE Hotel Group - Asset value growth to the fore
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 - Asset value growth to the fore
PPHE Hotel Group Limited (PPH:LON) | 1,422 0 0.0% | Mkt Cap: 598.4m
- Published:
04 Oct 2018 -
Author:
Richard Finch -
Pages:
4
PPHE continues to please, with resilient H1 operating results complemented by first-time disclosure of EPRA reporting, which highlights its real estate business with EPRA NAV of £24.21 at June 2018, significantly ahead of the current share price. A fine record of value creation (21% CAGR in NAV over the seven years to end-2017, as newly presented) should underpin the company’s ability to leverage on its assets, in addition to reinvestment potential from £152m excess cash. H1