Minor Hotels Europe & Americas Reports Third Quarter 2024 Earnings

Minor Hotels Europe & Americas (BME:NHH) Third Quarter 2024 Results

Key Financial Results

• Revenue: €644.2m (up 10.0% from 3Q 2023).
• Net income: €75.0m (up 38% from 3Q 2023).
• Profit margin: 12% (up from 9.3% in 3Q 2023). The increase in margin was driven by higher revenue.
• EPS: €0.17.

All figures shown in the chart above are for the trailing 12 month (TTM) period

Minor Hotels Europe & Americas Earnings Insights

Looking ahead, revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Hospitality industry in Europe.

Performance of the market in Spain.

The company's shares are down 1.5% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 2 warning signs for Minor Hotels Europe & Americas you should be aware of, and 1 of them is significant.

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