Sabadell - Minor International Public Co. Ltd. (MINT) MINOR HOTELS: 3Q’24 RESULTS AND T.P. UPGRADE (ANÁLISIS BANCO SABADELL)

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Sabadell

Rafael Bonardell

EUR 100.00 For Business Accounts Only

MINOR HOTELS: 3Q’24 RESULTS AND T.P. UPGRADE (ANÁLISIS BANCO SABADELL)

3Q'24 vs. 3Q'23 Results
Sales: € 644.2 M (+10.0% vs. +9.5% BS(e) and +6.7% consensus);
EBITDA: € 200.1 M (+11.2% vs. +8.7% BS(e) and +6.4% consensus);
9M'24 vs. 9M'23 Results
Sales: € 1.789 Bn (+10.9% vs. +10.8% BS(e) and +9.7% consensus);
EBITDA: € 498.1 M (+11.3% vs. +10.3% BS(e) and +9.4% consensus);

12/11/2024 1 EN

Underlying

Minor International Public Co. Ltd.

Minor International Public Co. is engaged in three primary businesses including restaurants, hotels and lifestyle brands distribution. Co. mainly operates in Thailand and also has operations in other countries such as Singapore, People's Republic of China, Republic of Maldives, United Arab Emirates, Sri Lanka, and Australia and New Zealand. As of Dec 31 2014, Co.'s businesses included a total of 119 hotels and serviced suites under the Anantara, Avani, Oaks, Four Seasons, St. Regis, Elewana and Minor International brands and over 1,700 restaurant outlets under The Pizza Company, Swensen's, Sizzler, Dairy Queen, Burger King, Thai Express, The Coffee Club, Ribs & Rumps and BreadTalk brands.

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TH0128B10Z09 Stock Exchange of Thailand Thailand

Provider

Sabadell

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Analysts

Rafael Bonardell

Other Reports on these Companies

Sabadell

IBERIAN DAILY 12 NOVEMBER + 3Q’24 RESULTS. HIGHLIGHTS AND REST OF PREVIEWS (ANÁLISIS BANCO SABADELL)

NEWS SUMMARY: BANKINTER, CAIXABANK, INSURANCE SECTOR, MINOR HOTELS, REAL ESTATE SECTOR. At the end of today’s report, and during the entire results season, we will include a presentation with positive and negative results highlights and previews for the 3Q’24 results to be released over the coming days in Spain. Markets stabilise In a session with few drivers, European stock markets rallied, offsetting part of the drop from the previous week. In the STOXX 600, the best-performing sectors in the rally were Construction and Banks, while Basic Materials and Retail saw the biggest losses. On the...

EUR 100.00

November 12, 2024 November 12, 2024 1 EN

UOB

Minor International (MINT TB) - Expect Strong yoy Growth In Core Profit In 3Q24

We expect MINT to report a core profit of Bt2.5b in 2Q24 (+11.0% yoy). The key drivers are still from the robust hotel performance in Europe and Thailand. We should see a substantial core margin expansion as a result of cost control. We have an optimistic view ahead as MINT is continuously adapting its strategy to cope with the dynamic outlook in China and actively controlling its cost. Maintain BUY. Target price: Bt38.00.

November 7, 2024 November 7, 2024 1 EN

PROSUS: RDOS. 3T’24 DE TENCENT (ANÁLISIS BANCO SABADELL)

Tencent (c. 25% de PRX y 82% de nuestro P.O.) acaba de publicar Rdos. 3T’24 en línea en ventas

EUR 50.00

16h / 54m 16h / 54m 1 ES

Luis Arredondo

Luis Arredondo

ACS: 3Q’24 RESULTS (ANÁLISIS BANCO SABADELL)

3Q'24 vs. 3Q'23 Results Sales: € 10.953 Bn (+17.0% vs. +15.5% BS(e) and +15.2% consensus); EBITDA: € 522.0 M (+6.3% vs. +11.3% BS(e) and +27.6% consensus); EBIT: € 272.0 M (-11.4% vs. -8.7% BS(e) and -0.4% consensus); Net Profit: € 189.0 M (-1.0% vs. -82.3% BS(e) and -16.8% consensus); 9M'24 vs. 9M'23 Results Sales: € 29.702 Bn (+12.5% vs. +12.0% BS(e) and +11.9% consensus); EBITDA: € 1.679 Bn (+17.8% vs. +19.5% BS(e) and +25.2% consensus); EBIT: € 1.079 Bn (+11.0% vs. +11.9% BS(e) and +14.5% consensus); Net Profit: € 605.0 M (+5.0% vs. -21.9% BS(e) and -0.2% consensus);

EUR 100.00

18h / 8m 18h / 8m 1 EN

Maria Paz Ojeda

Maria Paz Ojeda

ALLIANZ: RDOS. 3T’24 (ANÁLISIS BANCO SABADELL)

Rdos. 3T'24 vs 3T'23: Primas: 42.820 M euros (+17,3% vs +7,0% BS(e) y n/a consenso); Rdo. Operativo: 3.938 M euros (+13,6% vs +13,0% BS(e) y +10,7% consenso); BDI: 2.471 M euros (+22,3% vs +14,8% BS(e) y +17,4% consenso). Rdos. 9meses'24 vs 9meses'23: Primas: 133.865 M euros (+9,6% vs +6,6% BS(e) y n/a consenso); Rdo. Operativo: 11.849 M euros (+7,9% vs +7,7% BS(e) y +7,0% consenso); BDI: 7.459 M euros (+16,7% vs +14,4% BS(e) y +15,2% consenso).

EUR 100.00

18h / 53m 18h / 53m 1 ES

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MINOR HOTELS: 3Q’24 RESULTS AND T.P. UPGRADE (ANÁLISIS BANCO SABADELL)

IBERIAN DAILY 12 NOVEMBER + 3Q’24 RESULTS. HIGHLIGHTS AND REST OF PREVIEWS (ANÁLISIS BANCO SABADELL)

Minor International (MINT TB) - Expect Strong yoy Growth In Core Profit In 3Q24

PROSUS: RDOS. 3T’24 DE TENCENT (ANÁLISIS BANCO SABADELL)

ACS: 3Q’24 RESULTS (ANÁLISIS BANCO SABADELL)

ALLIANZ: RDOS. 3T’24 (ANÁLISIS BANCO SABADELL)

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