Safestay (SSTY)

Sector:

Tourism and Leisure Services

Index:

FTSE AIM All-Share

20.17p
   
  • Change Today:
    -0.33p
  • 52 Week High: 26.67
  • 52 Week Low: 19.60
  • Currency: UK Pounds
  • Shares Issued: 64.94m
  • Volume: 0
  • Market Cap: £13.10m

Safestay H1 adjusted EBITDA falls 28pc

By Iain Gilbert

Date: Tuesday 23 Sep 2025

LONDON (ShareCast) - (Sharecast News) - Hostel operator Safestay said on Tuesday that first-half revenue and profits had fallen, as macroeconomic pressures and softer demand weighed on performance across its European portfolio.
Safestay said revenues had dropped 5.6% to £10.1m in the six months ended 30 June, while adjusted underlying earnings fell 28.1% to £2.3m, citing inflationary cost pressures and reduced consumer spending as key factors behind the decline.

However, pre-tax profits came in at £591,000, up from last year's interim pre-tax loss of £113,000.

Occupancy across the estate averaged 68.2%, with average bed rates down 7.9% year-on-year at £20.40.

The AIM-listed firm stated that despite the weaker headline figures, it remained confident in its long-term strategy, and noted that demand had picked up in July and August, with bookings for September also showing improvement.

Safestay also said its portfolio remained well-positioned to benefit from a recovery in youth travel and group bookings, particularly in key cities such as Paris, Berlin, and Barcelona.

Chairman Larry Lipman said: "Safestay delivered further strategic progress in H1 2025 despite the challenging trading environment across the European hostel market.

"Looking ahead, our ambition is to deliver sustainable growth and to crystallise value for shareholders, whilst over the medium-term growing the portfolio. With a proven model, well-invested systems and technology, a clear strategy, and a strong pipeline of opportunities, we are confident in our ability to deliver sustainable expansion."

As of 0940 BST, Safestay shares had slumped 5.78% to 21.20p.





Reporting by Iain Gilbert at Sharecast.com

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

Safestay Market Data

Currency UK Pounds
Share Price 20.17p
Change Today -0.33p
% Change -1.63 %
52 Week High 26.67
52 Week Low 19.60
Volume 0
Shares Issued 64.94m
Market Cap £13.10m

Safestay Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
23.75% above the market average23.75% above the market average23.75% above the market average23.75% above the market average23.75% above the market average
62.50% above the sector average62.50% above the sector average62.50% above the sector average62.50% above the sector average62.50% above the sector average
Price Trend
19.54% above the market average19.54% above the market average19.54% above the market average19.54% above the market average19.54% above the market average
12.00% above the sector average12.00% above the sector average12.00% above the sector average12.00% above the sector average12.00% above the sector average
Income Not Available
Growth
29.48% above the market average29.48% above the market average29.48% above the market average29.48% above the market average29.48% above the market average
20.83% above the sector average20.83% above the sector average20.83% above the sector average20.83% above the sector average20.83% above the sector average

Safestay Dividends

  Latest Previous
  Final
Ex-Div 14-May-15
Paid 26-Jun-15
Amount 0.30p

Trades for --2025

Time Volume / Share Price
0 @ 0.000p

Safestay Key Personnel

Chair Larry Glenn Lipman
CFO Carlos Salas Dual

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