Business doubled in size in FY15, though did not see the benefits of a full year of trading from Holland Park and Edinburgh which will be the case in FY16. Management seeks to double the size of the business again in FY16 and has appointed Philip Houghton as CEO and Mark Beveridge (former InterContinental Hotels Group) as FD to help support the senior management team in its preparation to accelerate growth into key European cities.

11 Apr 2016
Northland Capital Partners Morning Report

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Northland Capital Partners Morning Report
Safestay Plc (SSTY:LON) | 27.0 0 0.0% | Mkt Cap: 17.5m
- Published:
11 Apr 2016 -
Author:
Michael Campbell -
Pages:
4 -
Business doubled in size in FY15, though did not see the benefits of a full year of trading from Holland Park and Edinburgh which will be the case in FY16. Management seeks to double the size of the business again in FY16 and has appointed Philip Houghton as CEO and Mark Beveridge (former InterContinental Hotels Group) as FD to help support the senior management team in its preparation to accelerate growth into key European cities.