Interim Results Presentation 30 July 2015
|
|
- Kathryn Osborne
- 6 years ago
- Views:
Transcription
1 Holiday Inn Resort, Bali Interim Results Presentation 30 July
2 First half highlights and market perspective Continued strategic progress Strong underlying financial performance Growth momentum behind our preferred brands best first half for signings since 2008 Kimpton integration progressing well Innovation in loyalty and digital technology High quality earnings business model Finalised major asset disposal programme 95% of operating profit from fee business pro forma for recent asset sales 85% of fee income from hotel revenues Compelling industry tailwinds Globalisation of travel Emerging market middle class / outbound travellers Branded hotels increasing market share Favourable US supply / demand dynamics 2
3 Crowne Plaza, Berlin Financial Review Paul Edgecliffe-Johnson CFO 3
4 Strong underlying financial performance Reported Underlying 1 H H % change % change Revenue $915m $908m 1% 8% Fee revenue 2 $626m $600m 4% 9% Fee-based margin 46.8% 45.0% 1.8%pts Operating profit $337m $310m 9% 10% Interest $(43)m $(39)m 10% Tax rate 3 30% 33% (3)%pts Adjusted EPS % 25% Weighted basic average shares 235m 256m (8)% ¹Underlying calculated at constant exchange rates (CER) and excludes Kimpton, individually significant liquidated damages, results from managed lease hotels, and results from owned asset disposals. 2 Group revenue excluding owned & leased hotels, managed leases and significant liquidated damages. 3 Before exceptional items. 4 Before exceptional items, underlying growth based on reported interest and tax rate. 4
5 Resilient fee-based business model RevPAR X Rooms X Royalty Rate H fee revenue 1 $652m up 9% H Group RevPAR growth H system growth 2 (%) 7.4% 3.3% 1.8%pts 5.1% 5.8% 4.5% 2.8% ADR Occupancy RevPAR Gross Net H1 2015: 4.2% total RevPAR growth H1 2015: 28k rooms opened, 14k rooms removed 1 Fee revenue excludes Kimpton, revenue from owned and leased hotels, managed lease hotels, and significant liquidated damages receipts; growth is stated at CER. 2 Dark orange bar reflects growth excluding the Kimpton acquisition. 5
6 Business model drives revenue growth in all regions RevPAR X Rooms X Royalty Rate H fee revenue¹ growth (excluding Kimpton) 9.1% 9.5% 8.7% 10.9% 5.1% $22m $6m H fee $652m $359m $92m $83m $51m revenue 1 Group 2 Americas Europe AMEA Greater China $1m $3m ¹ Fee revenue excludes revenue from owned and leased hotels, managed lease hotels, and significant liquidated damages; growth is stated at CER. ² Group fee revenue includes $67m of central revenue. 6
7 The Americas rate driven RevPAR growth and highest signings in 7 years Comparable RevPAR up 5.4%; rate up 4.2% Americas portfolio at all-time occupancy high of 67.8% US RevPAR 5.6%; record US demand for 52 consecutive months H1 Growth in fee revenue drivers 1 9.1% 5.4% 4.6% YoY net rooms growth 4.6% (2.1% ex. Kimpton) 2.1% YoY gross rooms growth 7.4% (4.9% ex. Kimpton) RevPAR Net rooms Fee revenue Fee revenue 1 up 9.1% (ex. Kimpton) Total underlying revenue 2 up 10% Underlying profit 2 up 8% Overheads impacted by $3m increase in healthcare claims H1 Net rooms growth (k) (7) Pipeline: 95k high quality rooms 21k rooms signed; highest in 7 years FY 2014 Exits Openings H At CER. Dark grey bar reflects net rooms excluding the Kimpton acquisition. 2 Underlying growth calculated at CER and excludes individually significant liquidated damages, results from managed lease hotels, and results from owned asset disposals. 3 Dark green bar reflects openings excluding the Kimpton acquisition. 7
8 Europe strong performance in UK and Germany Comparable RevPAR up 5.1% UK 6.1%; UK provinces 8.0% Germany 5.0% H1 Growth in fee revenue drivers 1 5.1% 9.5% YoY net rooms growth 1.2% YoY gross rooms growth 4.4% 1.2% Fee revenue 1 up 9.5% RevPAR Net rooms Fee revenue Total underlying revenue 2 up 10% H1 Net rooms growth (k) Underlying profit 2 up 22% Reflecting transition of UK business to franchised from managed Pipeline: 19k high quality rooms 104 (2) k rooms signed FY 2014 Exits Openings H At CER. 2 Underlying growth calculated at CER and excludes individually significant liquidated damages, results from managed lease hotels, and results from owned asset disposals. 8
9 AMEA solid growth led by Japan and South East Asia H1 Growth in fee revenue drivers 1 Comparable RevPAR up 5.4% Japan 12.8%; South East Asia 7.8% 5.4% 3.1% 5.1% $22m Total RevPAR up 4.4% YoY net rooms growth 3.1% YoY gross rooms growth 6.9% Fee revenue 1 up 5.1% Underlying revenue 2 up 4% Underlying profit 2 up 17% Increased focus on efficiency RevPAR Net rooms Fee revenue H1 Net rooms growth (k) (2) Pipeline: 41k rooms 9k rooms signed FY 2014 Exits Openings H At CER. 2 Underlying growth calculated at CER and excludes individually significant liquidated damages, results from managed lease hotels, and results from owned asset disposals. 9
10 Greater China continued industry outperformance Comparable RevPAR up 1.5% Mainland China 4.8%; Hong Kong (9.2)%; Macau (12.1)% 4.8%pts ahead of the industry Total RevPAR down 2.4% Mix impact from tier 2 and 3 cities YoY net rooms growth 9.5% YoY gross rooms growth 12.1% Fee revenue 1 up 10.9% Total underlying revenue 2 up 5% Underlying profit 2 down 6% Reflecting investment into regional operational capabilities H1 Growth in fee revenue drivers 1 9.5% 10.9% $22m 1.5% RevPAR Net rooms Fee revenue H1 Net rooms growth (k) (2) Pipeline: 59k rooms 9k rooms signed FY 2014 Exits Openings H At CER. 2 Underlying growth calculated at CER and excludes individually significant liquidated damages, results from managed lease hotels, and results from owned asset disposals. 10
11 Capital allocation disciplined approach maintains flexibility and maximises returns Efficient balance sheet with an investment grade credit rating 2.0 to 2.5x net debt / EBITDA Towards top end in favourable economic conditions 2.2x at 30 June, 2015 Disposal of major owned assets now finalised InterContinental Paris Le Grand disposal completed InterContinental Hong Kong disposal to complete in H Nearly 200 assets divested for c.$8bn since demerger in 2003 Capital allocation Approach to capital allocation unchanged Decision on return of funds to shareholders from asset sales completed in 2015 will be announced at preliminary results in February
12 Capital expenditure increased system funded capital following Amadeus announcement Maintenance capex & key money H Maintenance capex $27m Key money $19m Total $46m Hotel maintenance capex reducing in line with asset intensity Key money deployment weighted towards H2 in line with openings Recyclable investments H Gross out $49m Gross in $6m Net total $43m Continue to support new brands and priority market growth H includes ongoing investment behind launch of EVEN Hotels Broadly neutral over time System fund capital investments 1 H Gross out $30m Gross in $10m Net total $20m System funded capital investments are expected to increase to c.$100m in 2015, reflecting investment in evolving our own market-leading technology Medium-term per annum capital expenditure guidance unchanged Gross: up to $350m; Net ~$150m 1 IHG finances capital expenditure. Depreciation charged to system fund not IHG. Resulting system fund cash surplus flows back to IHG. Broadly neutral over time. 12
13 Highly cash generative business Net capital expenditure of $109m covered ~2x by underlying cash from operations Cash flow generated by operations, disposals, and efficient balance sheet Proposed interim dividend of 27.5, 10% growth $m 800 Cash inflows Cash outflows EBITDA Other operating items Interest and tax Cash from operations (preexceptionals) Maintenance capex and key money Recyclable / system fund capex Disposal proceeds Cashflow before exceptionals and financing Exceptional Increase in Cash items borrowings available for shareholders/ corporate activity Ordinary dividend Acquisition of Kimpton FX / other Change in cash 13
14 Hotel Indigo, Bangkok Wireless Road Operating Review Richard Solomons CEO 14
15 Our winning strategy will drive future growth Value creation: superior shareholder returns Value creation: Superior shareholder returns Winning Model Targeted Portfolio Attractive markets Highest opportunity segments Managed & franchised model Disciplined execution Scale and efficiency of operations Investment in developing great talent and technology platforms Commitment to responsible business practices 15
16 Our commercial strategy supports the winning model to deliver a leading guest experience Create & Deliver a Consistent & Differentiated In-Hotel Experience Make Direct the Preferred Way to Book GRS Grow & Deepen Relationships with High-Value Guests 16
17 Holiday Inn Brand Family Brand re-fresh has driven market out-performance Largest ever global brand re-fresh $1bn global brand re-fresh announced in 2007 Re-launched 3,300 hotels, opened 1,500, and removed 1,100 since programme started Reduced average hotel age to less than both Hampton Inn and Courtyard Increased guest satisfaction Overall guest satisfaction at record highs JD Power highest guest satisfaction in mid-scale full service four years in a row Brand preference driving RevPAR premium IHG s engine for accelerated growth Platform for innovation and expansion 10%+ annual growth in signings since hotels opened in last 3 years; 70% of total additions 17
18 Holiday Inn Brand Family Only global mainstream brand Top two largest global brands across all segments Holiday Inn >100k rooms outside the US, more than 4x nearest competitor Holiday Inn Express doubled non-us presence since 2007 Holiday Inn brand family global room supply vs. competitors (k) 1 Non-US Holiday Inn brand family room count vs. competitors (k) Holiday Inn Express Holiday Inn Hampton Inn Courtyard Hilton Garden Inn 1 Competitor data from Smith Travel Research Census report, 2015 data represents position at end of June Holiday Inn Holiday Inn Express Hampton Inn Courtyard 15 Hilton Garden Inn 18
19 Holiday Inn Brand Family Guest experience innovations and brand extensions Holiday Inn open lobby Next generation public area which offers unmatched solution for guest s business and leisure needs Nearly 30 already open in Americas 17 launched across six markets in Europe; delivering 8pts increase in guest satisfaction Holiday Inn Express next generation room New smart design developed in conjunction with insight from guests and owners; tailored to each region 42 US hotels already adopted new room elements and 150+ properties ready to execute the new model First test room also live in Europe Holiday Inn Club Vacations Asset light time share business launched in 2008 Grown to 4,000+ villas across 12 different resorts in US Builds high value loyal guests, benefiting wider system 19
20 Holiday Inn Brand Family Global growth and design innovation Holiday Inn Makkah, Saudi Arabia Holiday Inn Express Formula Blue Room, Salt Lake City Holiday Inn Open Lobby, Frankfurt, Germany Holiday Inn Club Vacations, Las Vegas 20
21 Boutique portfolio Developing on our leading position Market leading position Kimpton integration progressing well Continue to expand distribution Leading boutique footprint with 128 hotels open and 79 in the pipeline Existing strength in the US with significant overseas growth potential Non-US position expected to double in 3 to 5 years Transitioning Kimpton operations ensuring uniqueness of the brand is maintained Retained key Kimpton talent and San Francisco HQ Integrated websites to utilise cross sell and developed sales structure to drive corporate stays Implemented IHG framework for finance, legal, HR 8 hotels opened; two new markets for Hotel Indigo and 5 new openings for Kimpton 12 hotels signed, including the landmark Hotel Indigo Los Angeles and 2 Kimpton hotels in Washington D.C. 7 Kimpton hotel exits in San Francisco due to specific issue; will not impact broader growth plans 21
22 Boutique portfolio Landmark signings and openings in H1 Hotel Monaco, a Kimpton Hotel, Pittsburgh Palladian, a Kimpton Hotel, Seattle Hotel Indigo, Helsinki Hotel Indigo, Bali 22
23 Crowne Plaza Growing scale and making business travel work Growing scale 9% annual room growth outside of US Doubled non-us presence over last 10 years; added more rooms than any other brand in the upscale segment Driving re-brand opportunities; 30% of total signings in last 3 years Largest IHG brand in Greater China 40k open and pipeline rooms Making business travel work New enhancements to drive business productivity Complimentary Wi-Fi in the Americas and Europe New energy essentials food offering WorkLife room design to pilot this year Over 55% of US estate renovated or new since k rooms removed since start of programme 23
24 Crowne Plaza Market leading global growth Panama Airport Guangzhou Zengcheng, China Potsdamer Platz, Berlin Battersea, London 24
25 Enhancing IHG Rewards Club to develop deeper lifetime relationships Dream Plan Book Stay Share Innovating to drive personalisation Completed first phase roll out of new CRM capability allowing hotels teams to offer a more individual service Next phase of CRM capability to include more personalised member communications and stay preference management Award winning Recognised again at the 2015 Freddie Awards - Best Customer Service Middle East and Asia / Oceania Best redemption ability Europe and Africa 16 awards since relaunch in 2013 Driving member enrolments 4m new members enrolled in six months; up 26% YOY Member base above 88m delivering 40% of hotel bookings 25
26 Enhancing IHG Rewards Club to develop deeper lifetime relationships Dream Plan Book Stay Share New top tier launched Our most loyal members are personal advocates for our brands and desire extra level of status recognition Spire Elite meets this need for recognition and builds a special rewards relationship with guests Benefits include: Richest points incentives in the hotel industry Option upon membership of one-time 25,000 points award or companion upgrade to platinum elite 26
27 Our approach to technology Dream Plan Book Stay Share Insight into guest needs across the entire Guest Journey Know the market and leverage current trends to enhance the guest experience Understanding needs of different demographics, e.g. Boomers vs. Millennials Own the stay experience Focus on adding value in dream, plan, book, and share Build on IHG s track record of innovation and leadership Invest smartly control IP and data; partner where appropriate 27
28 Amadeus strategic relationship will deliver industry defining guest reservation system Dream Plan Book Stay Share Revolutionising the industry s technology foundations Cloud based community model a first for the sector Next generation and fully integrated solution to deliver more personalisation and a superior guest experience Phased launch planned for 2017 Amadeus will own GRS Amadeus will fund, build and maintain the system Leverages proven expertise in technology Amadeus has already developed a similar model for the airlines which has 100+ users IHG has launch partner benefits Input on design and functionality to meet IHG needs Ability to develop IHG bespoke systems in parallel with GRS to innovate ahead of the market First mover advantage to utilise GRS benefits once live 28
29 Stay.com collaboration marks another industry first to enhance the guest journey Dream Plan Book Stay Share Compelling digital content through collaboration Collaboration with digital travel service stay.com to enhance guest journey from dream to stay Users can explore destinations and create personalised travel guides for 50+ locations with IHG hotels Guides available offline on the mobile app for easy access 29
30 Leading digital innovation driving growth in our direct channel revenue Dream Plan Book Stay Share Driving direct channel growth Continue to grow digital revenue, our lowest cost channel Tracking at over $4bn per annum H1 up $220m YOY, more than any other channel Enhancing own digital channels Launched content rich websites for Crowne Plaza, Hotel Indigo and extended stay brands Engaging design delivers uniqueness of each brand Display automatically adjusts across different devices Lowest price promise initiated in the UK for all IHG Rewards Club members Offers loyalty members booking direct a better price than available through any other channels Gives clear incentive for guests to become part of IHG Rewards Club and book through IHG channels 30
31 Lowest price promise gives guest clear incentive to book direct 31
32 Continue to innovate mobile solutions to enhance guest experience and drive delivery Dream Plan Book Stay Share Market leading mobile services IHG translator app made available on Apple Watch TM Real time bill viewing added to Mobile check-in and check-out IHG guest request launched, allowing guests to make in-hotel requests directly through our mobile app Accelerating growth in mobile delivery Innovative guests services and #1 app rating delivering growth App downloads up 52% YOY in the first half; over 4m in total Mobile revenue tracking at $1bn per annum; up 48% YOY 32
33 Conclusion Compelling long-term industry tailwinds Strategic progress and growth of our portfolio of preferred brands Innovating across digital technology and loyalty programme Completion of asset-light transition delivers highest quality of earnings Well positioned to drive profitable future growth through winning strategy 33
34 Staybridge Suites, Midvale, Utah Q&A 34
35 EPIC Hotel, a Kimpton Hotel, Miami Appendices 35
36 Foreign exchange translation exposure $8m impact from currency translation in H1 For 1%pt difference in full year group RevPAR growth between constant and actual exchange rates, we expect a $4m impact on reported fee business operating profit 1 RevPAR movement summary at constant exchange rates (CER) vs. actual exchange rates (AER) H Q Region CER AER Difference CER AER Difference Group 5.1% 0.5% (4.6)pts 4.4% (0.4)% (4.8)pts Americas 5.4% 3.9% (1.5)pts 4.7% 3.2% (1.5)pts Europe 5.1% (10.3)% (15.4)pts 4.4% (11.2)% (15.6)pts AMEA 5.4% (1.6)% (7.0)pts 4.5% (3.6)% (8.1)pts G. China 1.5% 0.9% (0.6)pts 0.6% 0.9% 0.3pts 1 Based on exchange rates at time of release. 36
37 Underlying operating profit adjustments (CER) H H FY 2015 FY Adjustments following Kimpton acquisition $3m $(6)m $(3)m Refurbishment of InterContinental New York Barclay $(2)m $(4)m $(6)m US healthcare claims $(4)m $(2)m $(6)m Total Americas $(3)m $(12)m $(15)m $(6)m InterContinental Paris Le Grand owned income $(1)m $(12)m $(13)m InterContinental Paris Le Grand management fees $1m $3m $4m Total Europe - $(9)m $(9)m - AMEA managed investment & refurbishment - $(3)m $(3)m Total AMEA - $(3)m $(3)m $(2)m Investment into operations capability $(2)m $(3)m $(5)m Total Greater China $(2)m $(3)m $(5)m $5m Total Group $(5)m $(27)m $(32)m $8m 1 Includes $7m significant liquidated damages receipt in Americas franchise; $(5)m impact in Americas managed from the InterContinental New York Barclay renovation; $(3)m impact in Americas managed from devaluation of the Venezuelan Bolivar; $(5)m impact in Americas overheads from unusually high US healthcare claims; $(2)m impact from investment in AMEA managed; $5m Greater China managed profit impact from small one-offs and cost management. 37
38 Kimpton accounting considerations Acquisition fully consolidated from 16 January 2015 Fair value of assets and liabilities acquired of $441 million: $193 million brand value $71 million management contracts to be amortised over 30 years; c.$2.4m p.a. $167 million goodwill $10 million other 2015 operating profit adjustments Liquidated damages of $3 million in H Anticipated costs associated with Kimpton transition of $3 million in H System removals in July representing $6 million of annual fee revenue 38
39 Hotel franchising Total gross revenue $bn¹ (rooms only) Group royalty drivers H YoY H Average rooms 4.0% H RevPAR 5.1% H Royalty fees 9.4% Franchise Fees² $m Franchise EBIT $m (margin %) H H (85%) H H (84%) H H (86%) Based on actual USD with the exception of group royalty drivers which are calculated at constant exchange rates ¹Total gross revenue is defined as total room revenue from franchise hotels, it is not revenue attributable to IHG ²Franchise fees and EBIT exclude individually significant liquidated damages of $7m in Americas in
40 Hotel management Total gross revenue $bn 1 (total hotel) Management Fees² $m H H H H H H Managed EBIT² $m (margin %) Reported managed lease revenue and EBIT $m H (54%) $m H H Americas revenue Americas EBIT 2 1 H (58%) Europe revenue Europe EBIT (1) - H (59%) AMEA revenue AMEA EBIT 1 2 Based on actual USD ¹Total gross revenue is defined as total hotel revenue from managed hotels, it is not revenue attributable to IHG. Dark red bar reflects numbers excluding Kimpton. ²Hotel management fees and EBIT exclude the results of leased properties, individually significant liquidated damages of $31m in H Dark red bar reflects numbers excluding Kimpton. 40
41 Hotel owned & leased O&L revenue $m O&L EBIT $m (margin %) H H (21%) H H (21%) H H (21%) H H O&L EBITDA $m Reported O&L revenue and EBIT from disposals ($m) $m InterContinental Paris Revenue InterContinental Paris EBIT (1) 3 InterContinental Barclay Revenue 14 H InterContinental Barclay EBIT (1) InterContinental Mark Hopkins Revenue 9 InterContinental Mark Hopkins EBIT - *All charts exclude results from disposed assets: InterContinental London Park Lane (sold 2013), InterContinental New York Barclay (sold 2014), InterContinental Mark Hopkins San Francisco (sold 2014) and InterContinental Le Grand (sold 2015). Revenue from these hotels was: 2015 $30m, 2014: $75m 2013: $134m, Operating profit: 2015: $1m, 2014: $1m, 2013: $23m. Based on actual USD 41
Full Year Results Presentation 17 February 2015
Hotel Wilshire, a Kimpton Hotel, Los Angeles Full Year Results Presentation 17 February 2015 1 2014 highlights and market perspectives 2014 was an excellent year for IHG Delivered strong financial performance
More informationDriving global growth
Holiday Inn, Manhattan Financial District Driving global growth Paul Edgecliffe Johnson Group CFO IHG has a consistently executed, winning strategy for high quality growth Value creation: superior shareholder
More informationAnnual General Meeting 6 May 2016
Hotel Indigo Lower East Side, New York Annual General Meeting 6 May 2016 1 Hotel Indigo Tel Aviv Diamond District, Israel Patrick Cescau Chairman 2 Hotel Monaco, a Kimpton Hotel, Philadelphia Richard Solomons
More informationIHG. Supplementary Information 31 December 2014
Supplementary Information 31 December 2014 Index RevPAR - 3 and 12 months to 31 December 2014 2014 Current Trading RevPAR, ADR & Occupancy Hotel & Room Count at 31 December 2014 Pipeline at 31 December
More informationHotel Indigo, Tianjin, Greater China Investor Presentation February 2017
Hotel Indigo, Tianjin, Greater China Investor Presentation February 2017 Clearly defined and consistently executed strategy has driven market out-performance Rooms growth % ( 04 16 CAGR) Room revenue growth
More informationChina Lodging Group (HTHT.US) Q4 and full year 2017 Earnings Call March 13, 2018
China Lodging Group (HTHT.US) Q4 and full year 2017 Earnings Call March 13, 2018 Agenda Strategy Review Operational and Financial Review Q & A Appendix 1 Strong RevPAR Growth Driven by ADR + Occupancy
More information- 5% global industry supply, 12% active industry pipeline; well positioned to deliver sustainable high quality growth. Building preferred brands
InterContinental Hotels Group PLC Preliminary Results for the year to 31 December 2013 Strong progress in our 10 th anniversary year driven by focus on high quality growth Financial summary 1 2013 2012
More informationFor personal use only
ASX and Media Release QANTAS DELIVERS RECORD FIRST HALF PROFIT, INVESTS IN AIRCRAFT AND TRAINING Sydney, 22 February 2018 Underlying Profit Before Tax: $976 million (up 15%) Record results for Qantas Domestic,
More informationMARRIOTT INTERNATIONAL 2017 SECURITY ANALYST MEETING. March 21, 2017
MARRIOTT INTERNATIONAL 2017 SECURITY ANALYST MEETING March 21, 2017 FORWARD LOOKING STATEMENTS, NON GAAP FINANCIAL MEASURES, AND INFORMATION FOR 2016 AND 2015 This material contains forward looking statements
More informationInterim Results Presentation to Investors
Interim Results Presentation to Investors SIR IAN PROSSER CHAIRMAN BASS PLC Highlights 3 Turnover + 11.2% Operating profit * + 21.2% Earnings per share * + 13.6% Dividend per share + 3.1% * Adjusted for
More informationIHG. Supplementary Information 31 March 2016
Supplementary Information 31 March 2016 Index RevPAR - 3 months to 31 March 2016 2016 Current Trading RevPAR, ADR & Occupancy Hotel & Room Count at 31 March 2016 Pipeline at 31 March 2016 Room Count &
More informationUSA Acquisition Summary. December 2010
USA Acquisition Summary December 2010 www.roadbearrv.com Strategic Intent 1. To leverage the existing business capabilities in a significant sized and growing tourism market with a similar customer base.
More information75 Years of Thrills and Entertainment. The Rank Group Plc Preliminary Results to 30 June 2012
75 Years of Thrills and Entertainment The Rank Group Plc Preliminary Results to 30 June 2012 Agenda Introduction Ian Burke, chairman and chief executive Review of financial results Clive Jennings, finance
More informationRecovery on track, continued strengthening in most segments. Record Jetstar and Frequent Flyer earnings highlight value of portfolio
Qantas Full Year 2010 Results Presentation Overview Underlying PBT 1 more than tripled to $377m in line with guidance Delivering against strategic priorities Recovery on track, continued strengthening
More informationGALAXY ENTERTAINMENT GROUP
GALAXY ENTERTAINMENT GROUP RECORD HALF YEAR GROUP ADJUSTED EBITDA OF $5.8 BILLION, UP 23% YEAR-ON-YEAR NET PROFIT ATTRIBUTABLE TO SHAREHOLDERS GREW 35% TO $4.6 BILLION FURTHER STRENGTHENED LIQUID BALANCE
More information2018 full-year results
2018 full-year results 01 Message from Chairman & CEO 02 FY 2018 Results 03 Business drivers 04 Outlook 02 FY 2018 financial results Key figures Revenue 2.85 Bn ROP 115 M Net debt 252 M Free cash flow
More informationInterContinental Brand Simon Scoot -Vice President InterContinental Brand Management. June 2010
InterContinental Brand Simon Scoot -Vice President InterContinental Brand Management June 2010 1 Video Brand History 2 InterContinental: leading global network Americas: System = 55 hotels Pipeline = 6
More informationRamsay Health Care Limited Results Briefing Half Year ended 31 December 2018
Ramsay Health Care Limited Results Briefing Half Year ended 31 December 2018 Craig McNally, Group Managing Director & Bruce Soden, Group Finance Director 28 February 2019 ramsayhealth.com Agenda Group
More informationHampton by Hilton Istanbul Atakoy, Turkey HAMPTON BY HILTON. EMEA Development Brochure
Hampton by Hilton Istanbul Atakoy, Turkey HAMPTON BY HILTON EMEA Development Brochure Hampton by Hilton Berlin City Centre Alexanderplatz, Germany Brand overview Hampton by Hilton delivers a friendly and
More information2016 HALF YEAR RESULTS. Mandarin Oriental Hotel Group
2016 HALF YEAR RESULTS Mandarin Oriental Hotel Group 2016 Half Year Results Highlights US $ m June 2016 June 2015 Combined Total Revenue * 644 641 Underlying EBITDA 71 82 * Includes revenue from the Group
More informationSix Continents PLC. Preliminary Results. For the Year ended 30th September 2001
1 2 Six Continents PLC Preliminary Results For the Year ended 30th September 2001 3 SIR IAN PROSSER Chairman Business Results Operating Profit ( m)( 4 Six Continents Hotels 427 Up 13.6% Six Continents
More informationChina Lodging Group (HTHT.US) Q Earnings Call August 17, 2017
China Lodging Group (HTHT.US) Q2 2017 Earnings Call August 17, 2017 Agenda Lodging Landscape in China Strategy Review Operational and Financial Review Q & A Appendix 1 Strong Demand: Domestic Travel Remains
More informationWH Smith PLC Acquisition of InMotion providing access to the world s largest travel retail market 30 October 2018
WH Smith PLC Acquisition of InMotion providing access to the world s largest travel retail market 30 October 2018 Transaction highlights WH Smith announces acquisition of InMotion for $198m ( 155 million)
More informationFY17 Full Year Results Management Call, 13 December Robinson Club Noonu, Maldives
Full Year Results Management Call, 3 December 207 Robinson Club Noonu, Maldives TUI Group TUI continues its strong performance track record in Third consecutive year of strong top line and earnings growth
More informationInterim results. 11 May 2010
Interim results 11 May 2010 Introduction Andy Harrison Chief Executive Officer Strong performance despite disruption Improvement in revenue, margins and cash Continued network improvement has driven better
More informationQANTAS DELIVERS STRONG FIRST HALF RESULT DESPITE HIGHER FUEL BILL
ASX and Media Release Sydney, 21 February 2019 QANTAS DELIVERS STRONG FIRST HALF RESULT DESPITE HIGHER FUEL BILL Underlying Profit Before Tax: $780 million (down $179 million) Statutory Profit Before Tax:
More informationChina Lodging Group (HTHT.US) Investor Presentation March 2016
China Lodging Group (HTHT.US) Investor Presentation March 2016 Agenda Our Vision Who We Are Company Highlights Strategic Focus Operational and Financial Review Q & A 1 Our Vision We will build a world-class,
More informationMedia Release. Qantas Group Full Year 2017 Financial Result 1. Sydney, 25 August 2017
Media Release Qantas Group Full Year 2017 Financial Result 1 Sydney, 25 August 2017 Underlying Profit Before Tax: $1,401 million (second highest in Qantas history) Statutory Profit Before Tax: $1,181 million
More informationQANTAS HALF YEAR 2015 FINANCIAL RESULTS 1
QANTAS HALF YEAR 2015 FINANCIAL RESULTS 1 Key points: Underlying Profit Before Tax: $367 million Statutory Profit After Tax: $206 million Transformation benefits: $374 million Comparable unit cost reduction:
More informationDalata Hotel Group Strategy Update. Dermot Crowley, Deputy CEO, Business Dev & Finance
Dalata Hotel Group Strategy Update Dermot Crowley, Deputy CEO, Business Dev & Finance The Value Proposition in March 2014 POSITIVE OUTLOOK FOR DEMAND Positive outlook for increased number of international
More informationInterim Results Thursday 24th May 2001
Interim Results Thursday 24th May 2001 SIR IAN PROSSER CHAIRMAN BASS PLC Divisional Results First Half 00/01 * 3 Operating Profit ( m) Bass Hotels & Resorts* 185 Up 26.7% Bass Leisure Retail** 135 Up 2.3%
More informationThank you for participating in the financial results for fiscal 2014.
Thank you for participating in the financial results for fiscal 2014. ANA HOLDINGS strongly believes that safety is the most important principle of our air transportation business. The expansion of slots
More informationChina Lodging Group (HTHT.US) Q Earnings March 15, 2017
China Lodging Group (HTHT.US) Q4 2016 Earnings March 15, 2017 Agenda Strategy Review Acquisition of Crystal Orange Hotel Operational and Financial Review Q & A Appendix 1 What We Have Achieved in 2016
More information2007/08 Full Year Results Investor Briefing
2007/08 Full Year Results Investor Briefing Highlights of Result Profit before tax up 46% to $1,408 million Up 36% on the reported result Margin improvement $3 billion of Sustainable Future Benefits achieved
More informationFY RESULTS ROADSHOW PRESENTATION
1 FY RESULTS 2014 ROADSHOW PRESENTATION FY 2014 HIGHLIGHTS FOCUS ON EXECUTION 2 Strong financial performance Revenues: 61 bn, +5% vs. 2013 EBIT* before one off: 4.1 bn, +15% vs. 2013 EPS: 2.99, +61% vs.
More informationGALAXY ENTERTAINMENT GROUP SELECTED UNAUDITED Q FINANCIAL DATA
GALAXY ENTERTAINMENT GROUP SELECTED UNAUDITED Q1 2014 FINANCIAL DATA RECORD QUARTERLY GROUP ADJUSTED EBITDA OF $3.8 BILLION, UP 38% YEAR-ON-YEAR GALAXY MACAU TM PHASE 2 WELL ADVANCED, ON BUDGET AND ON
More informationMinor International Public Company Limited
Minor International Public Company Limited Management Discussion & Analysis MINT s financial performance as of 30th June 2008 Summary of Key Financial Performance 2Q08 Performance Minor International Public
More informationAn innovative media company delivering sustainable, profitable growth Half year results 21 st August 2013
An innovative media company delivering sustainable, profitable growth Half year results 21 st August 2013 Richard Findlay Chairman An innovative media company delivering sustainable, profitable growth
More informationFor personal use only
HELLOWORLD ANNOUNCES RESULTS FOR THE YEAR ENDED 30 JUNE 2014 HIGHLIGHTS Total Transaction Value (TTV) of $4.9 billion Adjusted EBITDAI (1) of $40.6 million Loss before tax of $61.2 million includes the
More informationInterContinental Hotels Group PLC Excellent 26% growth in operating profit driven by brand outperformance and scale efficiencies
InterContinental Hotels Group PLC Preliminary Results for the year to 31 December 2011 Excellent 26% growth in operating profit driven by brand outperformance and scale efficiencies % YoY Financial summaryº
More informationBuilding Long Term Shareholder Value
Building Long Term Shareholder Value Gareth Evans, CFO Macquarie Conference 6 May 2011 Sustainable Returns to Shareholders Leverage dual brands to build on competitive advantage International business
More information2008 INTERIM ANNOUNCEMENT
(Stock Code: 78) 2008 INTERIM ANNOUNCEMENT FINANCIAL HIGHLIGHTS Six months ended 30th June, 2008 (Unaudited) Six months ended 30th June, 2007 (Unaudited) HK$ M HK$ M Revenue 750.8 622.0 Operating profit
More informationHelloworld Travel Limited results announcement Half year ended 31 December 2017
Helloworld Travel Limited results announcement Half year ended 31 December 2017 HIGHLIGHTS FOR THE HALF YEAR ENDED 31 DECEMBER 2017 Total Transaction Value (TTV) growth of 2.7% to $2.968 billion. Earnings
More informationOverview. > Normalised earnings* before taxation of, up 30% > Statutory earnings before taxation of, up 40% > Statutory net profit after taxation of
1 Overview > Normalised earnings* before taxation of, up 30% > Statutory earnings before taxation of, up 40% > Statutory net profit after taxation of > Operating revenue of > Strong operating cash flow
More informationIAG results presentation. Quarter One th May 2018
IAG results presentation Quarter One 2018 4 th May 2018 Highlights Willie Walsh, Chief Executive Officer Highlights Another strong quarter performance with an operating profit of 280m (5.6% margin, +2.3pts)
More informationMARRIOTT INTERNATIONAL, INC. PRESS RELEASE SCHEDULES QUARTER 4, 2016 TABLE OF CONTENTS
PRESS RELEASE SCHEDULES QUARTER 4, 06 TABLE OF CONTENTS Consolidated Statements of Income - As Reported A- Consolidated Statements of Income - Fourth Quarter Adjusted 06 Compared to Combined 05 A-3 Consolidated
More informationMinor International Public Company Limited
Minor International Public Company Limited Management Discussion & Analysis MINT s financial performance as of 30th September 2008 Summary of Key Financial Performance 3Q08 Performance Minor International
More informationTUI Travel PLC. Investor Day 27 January Blue Village, Hurghada, Egypt. TUI Travel PLC Investor Day January 2011 Page 1
TUI Travel PLC Investor Day 27 January 2011 TUI Travel PLC Investor Day January 2011 Page 1 Blue Village, Hurghada, Egypt Agenda Journey So Far & Strategic Overview Mainstream Strategy Differentiated Product
More informationManaging through disruption
28 July 2016 Third quarter results for the three months ended 30 June 2016 Managing through disruption 3 months ended Like-for-like (ii) m (unless otherwise stated) Change 30 June 2016 30 June 2015 change
More informationQantas Group - Positioned for Growth and Sustainable Returns
Qantas Group - Positioned for Growth and Sustainable Returns Tino La Spina, Qantas Group Chief Financial Officer Macquarie Australia Conference 3 May 2018 Third Quarter 1 FY18 Trading Update Q3 trading
More informationContents. The Strategic Report on pages 2 to 45 was approved by the Board on 20 February George Turner, Company Secretary
Annual Report and Form 20-F 2016 Contents Strategic Report 2 IHG at a glance 4 Chairman s statement 6 Chief Executive Officer s review 8 Industry overview 10 Our preferred brands 12 Our business model
More informationINVESTOR MEETING. CEO Airbus Group CEO Airbus CFO Airbus Group & Airbus. Tom Enders Fabrice Bregier Harald Wilhelm PARIS AIRSHOW 2015
1 INVESTOR MEETING PARIS AIRSHOW 2015 Tom Enders Fabrice Bregier Harald Wilhelm CEO Airbus Group CEO Airbus CFO Airbus Group & Airbus PATH TO ENHANCED VALUE 2 Healthy commercial aircraft market Transformation
More informationFIRST QUARTER
FIRST QUARTER 2007 1 WELCOME TO REZIDOR one of the fastest growing hotel companies in the world 300 250 200 150 100 FAST TRACK GROWTH FRESH & DYNAMIC MULTI-BRAND PORTFOLIO BRAND SEGMENT HOTELS ROOMS Upscale
More informationHeathrow (SP) Limited
Draft v2.0 10 Feb Heathrow (SP) Limited Results for year ended 31 December 2013 24 February 2014 Strong operational and financial performance in 2013 Passenger satisfaction at record high and over 72 million
More information2017 ANNUAL RESULTS. Mandarin Oriental Hotel Group
2017 ANNUAL RESULTS Mandarin Oriental Hotel Group 2017 Performance and Highlights Hotels performed better in 2017 Results impacted by ongoing renovation of London property Restoration of Hotel Ritz, Madrid
More information2017 Amadeus IT Group and its affiliates and subsidiaries. Amadeus 2016 Results. February 24, 2017
Amadeus 2016 Results February 24, 2017 Disclaimer _ This presentation may contain certain statements which are not purely historical facts, including statements about anticipated or expected future revenue
More information2017 Amadeus IT Group and its affiliates and subsidiaries. Amadeus 2016 Results. February 24, 2017
Amadeus 2016 Results February 24, 2017 Disclaimer _ This presentation may contain certain statements which are not purely historical facts, including statements about anticipated or expected future revenue
More informationGALAXY ENTERTAINMENT GROUP
GALAXY ENTERTAINMENT GROUP SELECTED UNAUDITED Q3 2013 FINANCIAL DATA RECORD QUARTERLY GROUP ADJUSTED EBITDA OF $3.2 BILLION, UP 24% YEAR-ON-YEAR FURTHER STRENGTHENING BALANCE SHEET WITH 44% REDUCTION IN
More information2014 INTERIM RESULTS PRESENTATION
2014 INTERIM RESULTS PRESENTATION 31 JULY 2014 1 Forward-Looking Statements Disclaimer The information contained in this presentation has not been independently verified and this presentation contains
More informationBriefing 25 August 2008 Financial Results FY 2008
Briefing 25 August 2008 Financial Results FY 2008 AGENDA Full-Year Overview Financial Performance - Group & Australia/Indonesia Operational Highlights Australia/Indonesia & UK Strong Industry Fundamentals
More informationResults for the year ended 31 December Creating Advantage
Results for the year ended 31 December 2018 Creating Advantage 2018 Overview Record revenues and profits Revenue 225m +14% HPBT 31m +26% Growth in Healthcare Revenue 152m +27% Profits 35m +36% Return to
More informationAnnual General Meeting May 3 rd FULL YEAR RESULTS DELIVERING OUR PROMISE
Annual General Meeting May 3 rd 2018 2017 FULL YEAR RESULTS DELIVERING OUR PROMISE Key Value Drivers By focusing on our customers, our people, our brands and our growth strategy: We continue to outperform
More information2004/05 Full Year Results Presentation to Investors
Geoff Dixon Chief Executive Officer 2004/05 Full Year Results Presentation to Investors 18 August 2005 Group Highlights 12 months to June 2005 12 months to June 2004 Increase/ (decrease) % Sales and operating
More informationRemaking the Holiday Inn Brand Family
Remaking the Holiday Inn Brand Family Kevin Kowalski SVP Holiday Inn Brand Management June 2010 1 Our rifle shot brand is the Holiday Inn master brand with four sub-brands 2 2 Holiday Inn is a global icon
More informationAmadeus Jan-Mar 2018 Results
Amadeus Jan-Mar 2018 Results May 4, 2018 Disclaimer This presentation may contain certain statements which are not purely historical facts, including statements about anticipated or expected future revenue
More informationFor personal use only
HELLOWORLD TRAVEL LIMITED RESULTS ANNOUNCEMENT Highlights for the year ended 30 June 2018 Total Transaction Value (TTV) growth of 3.5% to $6.1 billion, underpinned by strong air ticket sales volume growth.
More informationRESULTS PRESENTATION
RESULTS PRESENTATION HALF YEAR ENDED 31 DECEMBER 2017 EVENT HALF YEAR RESULTS - WEBCAST AND DIAL IN DETAILS FRIDAY 16 FEBRUARY 2018 8:00 AM (AEDT) Access a webcast of the briefing at http://webcast.openbriefing.com/4262/
More information2003/04 Full Year Results Presentation to Investors
2003/04 Full Year Results Presentation to Investors 19 August 2004 Geoff Dixon Chief Executive Officer Highlights 12 months to June 2004 12 months to June 2003 Increase/ (decrease) % Sales and operating
More informationEven Frydenberg, President & CEO Jan Johansson, CFO
Even Frydenberg, President & CEO Jan Johansson, CFO Strong sales growth driven by more rooms in operations and the acquisition of Restel Underlying like-for-like sales growth, adjusted for calendar effects,
More informationTUI News Investor Relations
records very successful financial year 2013/2014 Merger with TUI Travel PLC about to be closed Significant outperformance against earnings targets in full financial year 2013/2014; earnings growth driven
More informationTabcorp 2011 full year results
16 August 2011 Tabcorp 2011 full year results Highlights including demerged Casinos business Reported Net Profit After Tax (NPAT) $534.8 million, up 13.9% (includes oneoff demerger impacts) Normalised
More informationBT Group plc 2016 Annual General Meeting. 13 July 2016
BT Group plc 2016 Annual General Meeting 13 July 2016 BT Group plc Sir Michael Rake - Chairman Our investments are delivering for the UK 90% of the UK has access to fibre broadband on track to help Government
More informationE190 REPLACEMENT & FLEET UPDATE JULY 11, 2018
1 E190 REPLACEMENT & FLEET UPDATE JULY 11, 2018 SAFE HARBOR This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A
More informationFor personal use only HILLS HOLDINGS HALF YEAR RESULTS FY2013
HILLS HOLDINGS HALF YEAR RESULTS FY2013 TODAY KEY HIGHLIGHTS OUR FY13 FIRST HALF RESULTS GROUP PERFORMANACE FIRST HALF NPAT 1 $8.2M IN LINE WITH NOVEMBER AGM GUIDANCE. STRONG MANAGEMENT OF WORKING CAPITAL
More information2016 ANNUAL RESULTS. Mandarin Oriental Hotel Group
2016 ANNUAL RESULTS Mandarin Oriental Hotel Group 2016 Annual Results Highlights US $ m 2016 2015 Combined Total Revenue * 1,324 1,335 Group s Total Revenue # 597 607 Underlying EBITDA 158 188 * Includes
More informationAIRBUS H Roadshow Presentation. New York July 31 st, 2017
AIRBUS H1 2017 Roadshow Presentation New York July 31 st, 2017 H1 2017 HIGHLIGHTS 2 Healthy commercial aircraft environment; robust backlog of 6,771 a/c supports ramp-up plans H1 financials reflect delivery
More informationResults Briefing Half Year ended 31 December Christopher Rex Managing Director
Results Briefing Half Year ended 31 December 2014 Christopher Rex Managing Director AGENDA 1. Group Operational and Financial Highlights 2. Segment Operational and Financial Highlights 3. Growth Strategy
More informationVirgin Australia Holdings Limited (ASX: VAH) H1 FY18 Results 1
Virgin Australia Holdings Limited (ASX: VAH) H1 FY18 Results 1 Summary of H1 FY18 Group Outcomes 2 Group Underlying Profit Before Tax of $102.5 million up 142.3% Group Statutory Profit After Tax of $4.4
More informationGAMING INVESTMENT FORUM AT G2E. September 26, 2016
GAMING INVESTMENT FORUM AT G2E September 26, 2016 Dan D Arrigo EVP & Chief Financial Officer MGM Resorts International MGM RESORTS INTERNATIONAL Strong Domestic Operating Results Las Vegas Trends Maximizing
More informationAmadeus Jan-Jun 2017 Results. July 28, 2017
Amadeus Jan-Jun 2017 Results July 28, 2017 Disclaimer This presentation may contain certain statements which are not purely historical facts, including statements about anticipated or expected future revenue
More informationTHE GO-AHEAD GROUP PLC HALF YEAR RESULTS FOR THE SIX MONTHS ENDED 29 DECEMBER 2018
THE GO-AHEAD GROUP PLC HALF YEAR RESULTS FOR THE SIX MONTHS ENDED 29 DECEMBER 2018 BUSINESS OVERVIEW Continued good progress made in all three strategic pillars: protect and grow the core; win new bus
More information01 Amadeus at a glance
01 Amadeus at a glance 7 Amadeus Annual Report 2011 1.1 Company s origins and development Most people associate the birth of electronic commerce distribution with the arrival of the internet. In fact,
More informationMARRIOTT INTERNATIONAL 2017 SECURITY ANALYST MEETING. March 21, 2017
MARRIOTT INTERNATIONAL 2017 SECURITY ANALYST MEETING March 21, 2017 FORWARD LOOKING STATEMENTS, NON GAAP FINANCIAL MEASURES, AND INFORMATION FOR 2016 AND 2015 This material contains forward looking statements
More informationSAS AB Q December 2018
SAS AB Q4 2018 4 December 2018 Q4 financial highlights Q4 POSITIVES Q4-18 CHANGE VS. Q4-17 Record number of passengers Total revenue up SEK 1bn vs. LY Yield (nominal) up 5.1% vs. LY RASK (nominal) up 7.0%
More informationINTERCONTINENTAL HOTEL GROUP
HOTEL NAME: INTERCONTINENTAL HOTEL GROUP GROUP PROFILE: History of Intercontinental Hotel Group: 1777 - William Bass sets up a brewery in Burton-on-Trent. The Bass business thrives, developing into one
More informationAmadeus continues strong growth momentum into 2018
Press release May 4, 2018 Results for the three months Highlights Amadeus continues strong growth momentum into 2018 Competitive gains in both Distribution and IT Solutions powered growth in revenues and
More informationQANTAS GROUP HALF YEAR FINANCIAL RESULTS 22 FEBRUARY 2018 ALAN JOYCE SPEECH
QANTAS GROUP HALF YEAR FINANCIAL RESULTS 22 FEBRUARY 2018 Good morning ALAN JOYCE SPEECH I m pleased to report that the Qantas Group achieved another record profit in the first half of the 2018 financial
More informationNet Debt, $m 1, ,733.7
Virgin Australia Holdings Limited (ASX: VAH) FY17 Results: Stronger Cash and Balance Sheet, Statutory and Underlying Loss, Outlook Improving 1 Summary of FY17 Financial Outcomes Group Underlying Loss Before
More informationJOINTLY ANNOUNCES 2017/18 INTERIM RESULTS * * * RENTAL INCOME SURGES 25% STRENGTHS RECURRING INCOME STREAMS FOR SUSTAINABLE GROWTH
[For Immediate Release] JOINTLY ANNOUNCES 2017/18 INTERIM RESULTS * * * RENTAL INCOME SURGES 25% STRENGTHS RECURRING INCOME STREAMS FOR SUSTAINABLE GROWTH (Hong Kong, 23 November, 2017) Emperor International
More informationMarriott International Reports Third Quarter 2016 Results
November 7, 2016 Marriott International Reports Third 2016 Results BETHESDA, Md., Nov. 7, 2016 /PRNewswire/ -- HIGHLIGHTS Marriott International's acquisition of Starwood Hotels & Resorts Worldwide closed
More information2005 Q3 investor update. 25 August 2005
2005 Q3 investor update 25 August 2005 1 This communication is directed only at (i) persons having professional experience in matters relating to investments who fall within the definition of investment
More informationYour next hotel development opportunity
Your next hotel development opportunity Welcome Leading global hotel company By remaining flexible, strategic, and focused on our brands consumer alliances, InterContinental Hotels Group (IHG ) has grown
More informationQantas Airways Limited. Nomura Conference 30 November Qantas Group. Gareth Evans Chief Financial Officer
Qantas Airways Limited Nomura Conference 30 November 011 Qantas Group Gareth Evans Chief Financial Officer The Qantas Group Our Operations Qantas Group is the eleventh largest airline in the world based
More informationBuilding procurement capability through transformation. Jane Harley, Chief Procurement Officer Qantas Group
Building procurement capability through transformation Jane Harley, Chief Procurement Officer Qantas Group SECTION TITLE HERE Heading here Group multi-brand structure Australia & New Zealand Singapore
More informationP esent n atio i n o n f or o H alf l Y e Y ar E n E d n e d d d 31 D ecemb m e b r 2 008
Queensland WA & QLD Report Summary Strong revenue growth of 61.8% to $234.5m Strong cash flow from operations of $20.9m Net debt to equity 23.2% Underlying net profit of $8.2m (before goodwill impairment
More informationInformation meeting. Jean-Cyril Spinetta Chairman and CEO
Information meeting Jean-Cyril Spinetta Chairman and CEO Forward-looking statements The information herein contains forward-looking statements about Air France-KLM and its business. These forward-looking
More information2008 INTERIM RESULTS HIGHLIGHTS
2008 INTERIM RESULTS HIGHLIGHTS US$m Combined Total Revenue of Hotels under Management EBITDA (US$m) June 2008 520.1 86.2 June 2007 477.4 84.5 2008 INTERIM RESULTS HIGHLIGHTS US$m June 2008 June 2007 Profit
More informationGerry Laderman SVP Finance, Procurement and Treasurer
Gerry Laderman SVP Finance, Procurement and Treasurer Safe Harbor Statement Certain statements included in this release are forward-looking and thus reflect our current expectations and beliefs with respect
More informationA n n u a l R e s u l t s
2 0 1 3 A n n u a l R e s u l t s 27 February 2014 Overview Accounting Sales up 3%. Global Brand Sales down 2%. Sales mainly decline in China, Taiwan and Singapore offset by growth in other markets, particularly
More informationPAN PACIFIC HOTELS GROUP LIMITED 2010 FULL YEAR RESULTS BRIEFING 22 FEB 2011
PAN PACIFIC HOTELS GROUP LIMITED 2010 FULL YEAR RESULTS BRIEFING 22 FEB 2011 2010 RESULTS OVERVIEW STRATEGIC & OPERATIONS HIGHLIGHTS NEO SOON HUP CHIEF FINANCIAL OFFICER 2 CONTENTS Focus and Highlights
More information