MELIÁ HOTELS: 1H’21 RESULTS AND T.P. INCREASE (ANÁLISIS BANCO SABADELL)
2Q'21 vs 2Q'20 ResultsSales: € 228.1 M (+770.6% vs. +417.0% expected and +436.6% expected by the market consensus);
EBITDA: € 53.4 M (€ -85.5 M in 1H'20 vs. € -23.9 M expected and € -34.7 M expected by the market consensus);
EBIT: € -9.7 M (n/a vs. n/a expected and n/a expected by the market consensus);
Net Profit: € -20.4 M (€ -278.8 M in 1H'20 vs. n/a expected and € -93.8 M expected by the market consensus);
1H'21 vs 1H'20 Results
Sales: € 304.4 M (-4.6% vs. -33.7% expected and -32.0% expected by the market consensus);
EBITDA: € 1.5 M (€ -71.4 M in 1H'20 vs. € -74.8 M expected and € -85.6 M expected by the market consensus);
EBIT: € -126.8 M (n/a vs. n/a expected and n/a expected by the market consensus);
Net Profit: € -151.2 M (€ -358.7 M in 1H'20 vs. n/a expected and € -224.7 M expected by the market consensus);
Melia Hotels International is the parent company of a group engaged in the acquisition, management and operation of hotels. Co. operates its hotel network in Germany, Argentina, Brazil, Bulgaria, Cabo Verde, Chile, China, Costa Rica, Croatia, Cuba, Egypt, Spain, United States, France, Greece, Netherlands, Indonesia, Italy, Luxembourg, Malaysia, Mexico, Panama, Peru, Portugal, Puerto Rico, United Kingdom, Dominican Republic, Singapore, Switzerland, Tunisia, Uruguay, Venezuela and Vietnam under the followings brandnames: Paradisus Resorts®, Melia Hotels & Resorts®, TRYP Hoteles® and Sol Hotels & Resorts®.
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