LON:PPH PPHE Hotel Group H2 2024 Earnings Report GBX 1,326.12 +4.12 (+0.31%) As of 04/25/2025 11:57 AM Eastern Earnings HistoryForecast PPHE Hotel Group EPS ResultsActual EPSGBX 67Consensus EPS N/ABeat/MissN/AOne Year Ago EPSN/APPHE Hotel Group Revenue ResultsActual RevenueN/AExpected RevenueN/ABeat/MissN/AYoY Revenue GrowthN/APPHE Hotel Group Announcement DetailsQuarterH2 2024Date2/27/2025TimeBefore Market OpensConference Call DateThursday, February 27, 2025Conference Call Time6:00AM ETConference Call ResourcesConference Call AudioConference Call TranscriptSlide DeckInterim ReportEarnings HistoryCompany ProfileSlide DeckFull Screen Slide DeckPowered by PPHE Hotel Group H2 2024 Earnings Call TranscriptProvided by QuartrFebruary 27, 2025 ShareLink copied to clipboard.PresentationSkip to Participants Operator00:00:00Good morning. It's my pleasure to present the PPHE Hotel Group's twenty twenty four annual results. The past year has been another dynamic and successful period for the group, marked by record breaking revenue and EBITDA. Our strong financial performance coupled with significant strategic progress underscores the benefits of our continued investments in our multibillion hospitality real estate portfolio. Throughout 2024, we maintained our momentum by rebuilding occupancy, increasing revenue, and effectively navigating cost pressures. Operator00:00:35Our recently opened hotels across European capitals have continued to mature, strengthening our position across key markets. As a result, we achieved robust top line growth with revenue benefiting from these recent openings, while our established portfolio delivered a solid like for like performance. We also sustained EBITDA margin expansion, driven by a strategic focus on efficiencies, increased occupancy, and the adoption of new technologies. This success was achieved despite a strong prior year comparative, which included the King's Coronation in 2023, as well as external headwinds such as currency fluctuations and a challenging macroeconomic environment. The board remains committed to delivering value to shareholders with total dividends for 2024 increasing year on year. Operator00:01:25Additionally, we completed two share buyback programs reinforcing our dedication to enhancing shareholder returns. Twenty twenty four was a milestone year for our expansion strategy as we launched several high profile hotels across four European capitals, bringing us into the final phase of our current development pipeline. These new openings are a testament to our multi brand and diversification strategy, including Artatel London Hoxton, our new flagship hotel in the heart of London, Artatel Zagreb, making our expansion into Croatia's vibrant capital, and our first two Radisson Red hotels in Berlin and Belgrade, strengthening our presence in these key European cities. These properties have been exceptionally well received with strong guest feedback and promising early performances. Looking ahead, our newest five star property, Art Hotel Rome Piazza Solustio, is set to open in March 2025, cementing our presence in Italy's capital. Operator00:02:29With our current investment cycle nearing completion, the group remains on track to deliver at least £25,000,000 of incremental EBITDA once these new hotels reach stabilized trading levels. The progress we have achieved in 2024 is a direct reflection of the dedication and hard work of our teams. We were pleased to see continued rise in employee engagement with our survey results showing an increase of 1.5 percentage points to 84.5%. Our commitment to exceptional guest experiences remains unwavering as reflected in our guest rating score of 87.8, an increase of 1.4 percentage points year on year. These results reinforce the positive impact our teams are making across all our properties. Operator00:03:20As we continue to evolve into a truly pan European multi brand hospitality real estate group, we remain focused on unlocking long term growth opportunities. With the maturing of our recently opened hotels and a longer term pipeline of future developments, we are well positioned to deliver sustained value for our shareholders, team members, and guests. We remain confident in our ability to create lasting value for our stakeholders and look forward to another year of progress and success.Read moreParticipantsPowered by Conference Call Audio Live Call not available Earnings Conference CallPPHE Hotel Group H2 202400:00 / 00:00Speed:1x1.25x1.5x2xTranscript SectionsPresentationParticipants Earnings DocumentsSlide DeckInterim report PPHE Hotel Group Earnings HeadlinesPPHE Hotel Group Announces Major Change in Voting Rights StructureApril 24 at 5:10 PM | msn.comPPHE Hotel Group schedules AGM and proposes share buy-back waiverMarch 28, 2025 | investing.comURGENT: Someone's Moving Gold Out of London...People who don’t understand the gold market are about to lose a lot of money. Unfortunately, most so-called “gold analysts” have it all wrong… They tell you to invest in gold ETFs - because the popular mining ETFs will someday catch fire and close the price gap with spot gold. April 27, 2025 | Golden Portfolio (Ad)PPHE Hotel Group's Future Dividend Projections Appear Well Covered By EarningsMarch 2, 2025 | finance.yahoo.comPPHE Hotel Group (LON:PPH) Will Pay A Larger Dividend Than Last Year At £0.21March 2, 2025 | uk.finance.yahoo.comPPHE Hotel (PPH) Gets a Buy from Kepler CapitalMarch 1, 2025 | markets.businessinsider.comSee More PPHE Hotel Group Headlines Get Earnings Announcements in your inboxWant to stay updated on the latest earnings announcements and upcoming reports for companies like PPHE Hotel Group? Sign up for Earnings360's daily newsletter to receive timely earnings updates on PPHE Hotel Group and other key companies, straight to your email. Email Address About PPHE Hotel GroupPPHE Hotel Group (LON:PPH) is an international hospitality real estate company, with a £2.2 billion portfolio, valued as at December 2024 by Savills and Zagreb nekretnine Ltd (ZANE), of primarily prime freehold and long leasehold assets in Europe. Through its subsidiaries, jointly controlled entities and associates it owns, co-owns, develops, leases, operates and franchises1 hospitality real estate. Its portfolio includes full-service upscale, upper upscale and lifestyle hotels in major gateway cities and regional centres, as well as hotel, resort and campsite properties in select resort destinations. The Group's strategy is to grow its portfolio of core upper upscale city centre hotels, leisure and outdoor hospitality and hospitality management platform. PPHE Hotel Group benefits from having an exclusive and perpetual licence from the Radisson Hotel Group, one of the world's largest hotel groups, to develop and operate Park Plaza® branded hotels and resorts in Europe, the Middle East and Africa. In addition, PPHE Hotel Group wholly owns, and operates under, the art'otel® brand and its Croatian subsidiary owns, and operates under, the Arena Hotels & Apartments® and Arena Campsites® brands. PPHE Hotel Group is a Guernsey registered company with shares listed on the London Stock Exchange. PPHE Hotel Group also holds a controlling ownership interest in Arena Hospitality Group ('AHG'), whose shares are listed on the Prime market of the Zagreb Stock Exchange. Company websites: www.pphe.com | www.arenahospitalitygroup.com For reservations: www.parkplaza.com | www.artotel.com | www.radissonhotels.com | www.arenahotels.com | www.arenacampsites.comView PPHE Hotel Group ProfileRead more More Earnings Resources from MarketBeat Earnings Tools Today's Earnings Tomorrow's Earnings Next Week's Earnings Upcoming Earnings Calls Earnings Newsletter Earnings Call Transcripts Earnings Beats & Misses Corporate Guidance Earnings Screener Earnings By Country U.S. Earnings Reports Canadian Earnings Reports U.K. Earnings Reports Latest Articles Markets Think Robinhood Earnings Could Send the Stock UpIs the Floor in for Lam Research After Bullish Earnings?Market Anticipation Builds: Joby Stock Climbs Ahead of EarningsIs Intuitive Surgical a Buy After Volatile Reaction to Earnings?Seismic Shift at Intel: Massive Layoffs Precede Crucial EarningsRocket Lab Lands New Contract, Builds Momentum Ahead of EarningsAmazon's Earnings Could Fuel a Rapid Breakout Upcoming Earnings Cadence Design Systems (4/28/2025)Welltower (4/28/2025)Waste Management (4/28/2025)AstraZeneca (4/29/2025)Mondelez International (4/29/2025)PayPal (4/29/2025)Starbucks (4/29/2025)DoorDash (4/29/2025)Honeywell International (4/29/2025)Regeneron Pharmaceuticals (4/29/2025) Get 30 Days of MarketBeat All Access for Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. 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PresentationSkip to Participants Operator00:00:00Good morning. It's my pleasure to present the PPHE Hotel Group's twenty twenty four annual results. The past year has been another dynamic and successful period for the group, marked by record breaking revenue and EBITDA. Our strong financial performance coupled with significant strategic progress underscores the benefits of our continued investments in our multibillion hospitality real estate portfolio. Throughout 2024, we maintained our momentum by rebuilding occupancy, increasing revenue, and effectively navigating cost pressures. Operator00:00:35Our recently opened hotels across European capitals have continued to mature, strengthening our position across key markets. As a result, we achieved robust top line growth with revenue benefiting from these recent openings, while our established portfolio delivered a solid like for like performance. We also sustained EBITDA margin expansion, driven by a strategic focus on efficiencies, increased occupancy, and the adoption of new technologies. This success was achieved despite a strong prior year comparative, which included the King's Coronation in 2023, as well as external headwinds such as currency fluctuations and a challenging macroeconomic environment. The board remains committed to delivering value to shareholders with total dividends for 2024 increasing year on year. Operator00:01:25Additionally, we completed two share buyback programs reinforcing our dedication to enhancing shareholder returns. Twenty twenty four was a milestone year for our expansion strategy as we launched several high profile hotels across four European capitals, bringing us into the final phase of our current development pipeline. These new openings are a testament to our multi brand and diversification strategy, including Artatel London Hoxton, our new flagship hotel in the heart of London, Artatel Zagreb, making our expansion into Croatia's vibrant capital, and our first two Radisson Red hotels in Berlin and Belgrade, strengthening our presence in these key European cities. These properties have been exceptionally well received with strong guest feedback and promising early performances. Looking ahead, our newest five star property, Art Hotel Rome Piazza Solustio, is set to open in March 2025, cementing our presence in Italy's capital. Operator00:02:29With our current investment cycle nearing completion, the group remains on track to deliver at least £25,000,000 of incremental EBITDA once these new hotels reach stabilized trading levels. The progress we have achieved in 2024 is a direct reflection of the dedication and hard work of our teams. We were pleased to see continued rise in employee engagement with our survey results showing an increase of 1.5 percentage points to 84.5%. Our commitment to exceptional guest experiences remains unwavering as reflected in our guest rating score of 87.8, an increase of 1.4 percentage points year on year. These results reinforce the positive impact our teams are making across all our properties. Operator00:03:20As we continue to evolve into a truly pan European multi brand hospitality real estate group, we remain focused on unlocking long term growth opportunities. With the maturing of our recently opened hotels and a longer term pipeline of future developments, we are well positioned to deliver sustained value for our shareholders, team members, and guests. We remain confident in our ability to create lasting value for our stakeholders and look forward to another year of progress and success.Read moreParticipantsPowered by