Strong Financial Outlook for MHP Hotel AG

MHP Hotel AG, a key player in the premium and luxury hotel segment, has reported a positive update on its financial prospects for FY24. The company anticipates an EBITDA of €10.0-10.5 million, surpassing previous expectations by 14%. This improvement signals a robust business model, driven by high average daily rates and solid occupancy.

The company has confirmed its FY25 guidance, projecting sales of €180 million and an EBITDA margin of 8.3%. This reflects a 13% year-over-year increase in revenue, highlighting the company's growth trajectory.

MHP Hotel AG is reviewing opportunities for portfolio expansion, capitalizing on the European hotel market's ongoing consolidation. This strategic move could augment the company's market position, especially in key regions.

NuWays AG maintains a "BUY" recommendation for MHP Hotel AG, with a price target of €3.00, supported by the firm's current valuation.