Melia has delivered its FY20 results, which were more or less consistent with analysts’ expectations above the bottom line, and provided a less pessimistic forecast with clearer visibility. However, both the group’s balance sheet and liquidity need to be strengthened.

10 Mar 2021
A rather good-looking outlook but solvency needs to be bolstered

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A rather good-looking outlook but solvency needs to be bolstered
- Published:
10 Mar 2021 -
Author:
Yi Zhong -
Pages:
3 -
Melia has delivered its FY20 results, which were more or less consistent with analysts’ expectations above the bottom line, and provided a less pessimistic forecast with clearer visibility. However, both the group’s balance sheet and liquidity need to be strengthened.