Peel Hotels Reports Audited Earnings Results for the Year Ended February 1, 2015; Provides Dividend Guidance for Year Ended February 1, 2015
April 22, 2015 at 02:00 am EDT
Peel Hotels Plc reported audited earnings results for the year ended February 1, 2015. For the period, the company has posted turnover increased 6.1% to £16,454,241. EBITDA increased 24.9% to £2,473,196. Operating profit was up 56.5% to £1,454,481. Net debt decreased £821,990. Profit before tax increased 180.6% to £959,403. Earnings per share basic and diluted were 5.24 pence against 2.78 pence a year ago. Profit and total comprehensive income for the period attributable to owners was £734,464 against £389,473 a year ago. Net cash from operating activities was £2,227,748 against £2,113,984 a year ago. Acquisition of property, plant and equipment was £603,295 against £519,328 a year ago.
Peel Hotels Plc expects to pay dividend of 1.5 pence for year ended February 1, 2015.