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NH Hotel Group S.A ( (ES:NHH) ) just unveiled an announcement.
Minor Hotels Europe & Americas reported a successful fiscal year 2024, achieving revenues of 2,427 million euros and a recurring net profit of 210 million euros, significantly up from the previous year. The company reduced its net financial debt to 244 million euros, leading to an improved credit outlook from Fitch Ratings and a favorable refinancing deal, positioning it well against potential industry uncertainties.
The most recent analyst rating on (ES:NHH) stock is a Hold with a EUR4.40 price target. To see the full list of analyst forecasts on NH Hotel Group S.A stock, see the ES:NHH Stock Forecast page.
More about NH Hotel Group S.A
Minor Hotels Europe & Americas, S.A. operates in the hospitality industry, focusing on hotel management and services across various markets. The company is known for its strategic pricing, managerial rigor, and commitment to corporate governance.
Average Trading Volume: 15,955
Technical Sentiment Signal: Buy
Current Market Cap: €2.66B
For a thorough assessment of NHH stock, go to TipRanks’ Stock Analysis page.