International Hotel Investments p.l.c. Announces Earnings Results for the Six Months Ended June 30, 2018
International Hotel Investments p.l.c. announced earnings results for the six months ended June 30, 2018. For the period, the company reported revenue of EUR 116,937,000 compared to EUR 115,284,000 a year ago. EBITDA was EUR 27,610,000 compared to EUR 27,025,000 a year ago. Results from operating activities were EUR 11,149,000 compared to EUR 10,033,000 a year ago. Loss before tax was EUR 1,767,000 compared to EUR 2,301,000 a year ago. Profit for the period attributable to owners of the parent was EUR 117,000 compared to loss for the period attributable to owners of the parent of EUR 464,000 a year ago. Net cash from operating activities was EUR 21,883,000 compared to EUR 22,631,000 a year ago. Payments to acquire property, plant and equipment was EUR 15,062,000 compared to EUR 5,640,000 a year ago.