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Dalata Hotel Group PLC: Replacement: Update on Upcoming AGM


Dalata Hotel Group PLC: Replacement: Update on Upcoming AGM
DJ Dalata Hotel Group PLC: Replacement: Update on Upcoming AGM
Dalata Hotel Group PLC (DAL,DHG)
Dalata Hotel Group PLC: Replacement: Update on Upcoming AGM
26-Apr-2021 / 14:12 GMT/BST
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
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Replacement: Update on COVID-19 and upcoming Annual General Meeting
ISE: DHG LSE: DAL
Dublin and London | 26 April 2021: As previously indicated, the annual general meeting of Dalata Hotel Group plc
( Dalata or the Group ), Ireland s largest hotel operator with a growing presence in the UK, is scheduled to be held ....

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Ireland's largest hotel group expects earnings to be 'marginally ahead' of expectations


Hotel group Dalata said it expects its earnings before interest, taxation, depreciation, and amortisation (ebitda) for 2020 to be “marginally ahead” of market expectations, despite Covid-19 challenges.
In a note this morning, analysts at Davy said they estimate Dalata’s ebitda result could be “€4m-€5m above our forecast of €12.9m.”
Unsurprisingly, Ireland’s largest hotel operator said trading in the second half the year was continually disrupted as a result of Covid-19 restrictions across the regions in which it operates, according to a trading update.
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Its Dublin and London hotels were quieter because a higher proportion of their business is ordinarily driven by international travel and events. ....

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