Dalata Hotel Group (CDI) (DAL)

Sector:

Tourism and Leisure Services

368.00p
   
  • Change Today:
    -30.00p
  • 52 Week High: 430.00
  • 52 Week Low: 334.00
  • Currency: UK Pounds
  • Shares Issued: 223.45m
  • Volume: 3,412
  • Market Cap: £822.31m

Dalata Hotel Group FY revenues set to exceed €500m

By Iain Gilbert

Date: Wednesday 14 Dec 2022

LONDON (ShareCast) - (Sharecast News) - Irish hotel operator Dalata Hotel Group said on Wednesday that annual revenues were expected to exceed €500.0m for the first time in the history of the company.
Dalata stated that a "strong recovery in trade" had led to group like-for-like revenues per available room rising 21% ahead of 2019 levels for the September to November period, with all regions performing well.

Adjusted underlying earnings for the year ending 31 December were guided to be in excess of €182.0m, up from €162.0m in 2019.

The AIM-listed group also noted that corporate bookings had picked up after the summer period but highlighted that supply in Ireland remained "constrained" due to rooms in use for government-related business, primarily the provision of emergency accommodation for refugees.

Looking forward, Dalata said: "The group is cautiously optimistic on its outlook for 2023. Engagement with corporate customers and tour operators on demand and pricing has been positive. There are also positive demand indicators in Ireland and the UK, including on the resumption of more normalised conference business levels and the continuing return of international travellers, in particular from the US market.

"We continue to monitor the macroeconomic backdrop and any potential for a slowdown, most notably in domestic leisure demand. However, we are not seeing any such indicators in our trade levels to date."

As of 0950 GMT, Dalata shares had shot up 10.23% to 299.0p.







Reporting by Iain Gilbert at Sharecast.com

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DAL Market Data

Currency UK Pounds
Share Price 368.00p
Change Today -30.00p
% Change -7.54 %
52 Week High 430.00
52 Week Low 334.00
Volume 3,412
Shares Issued 223.45m
Market Cap £822.31m

DAL Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
90.31% above the market average90.31% above the market average90.31% above the market average90.31% above the market average90.31% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Price Trend
16.54% above the market average16.54% above the market average16.54% above the market average16.54% above the market average16.54% above the market average
57.89% above the sector average57.89% above the sector average57.89% above the sector average57.89% above the sector average57.89% above the sector average
Income
22.92% above the market average22.92% above the market average22.92% above the market average22.92% above the market average22.92% above the market average
89.47% above the sector average89.47% above the sector average89.47% above the sector average89.47% above the sector average89.47% above the sector average
Growth
63.73% above the market average63.73% above the market average63.73% above the market average63.73% above the market average63.73% above the market average
11.54% above the sector average11.54% above the sector average11.54% above the sector average11.54% above the sector average11.54% above the sector average

What The Brokers Say

Strong Buy 2
Buy 2
Neutral 1
Sell 0
Strong Sell 0
Total 5
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

DAL Dividends

  Latest Previous
  Final Interim
Ex-Div 04-Apr-24 14-Sep-23
Paid 01-May-24 06-Oct-23
Amount 8.00¢ 4.00¢

Trades for 04-Mar-2024

Time Volume / Share Price
10:51 667 @ 369.88p
08:20 453 @ 368.00p
08:20 500 @ 368.00p
08:06 237 @ 370.00p
08:04 47 @ 368.00p

DAL Key Personnel

CEO Dermot Crowley

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