Minor Hotels Europe & Americas SA (STU:NH5)
€ 3.88 0 (0%) Market Cap: 1.77 Bil Enterprise Value: 3.97 Bil PE Ratio: 11.53 PB Ratio: 1.76 GF Score: 65/100

Q1 2019 NH Hotel Group SA Earnings Call Transcript

May 14, 2019 / 11:00AM GMT
Release Date Price: €4.38 (-1.78%)
Operator

Welcome to NH Hotel Group First Quarter 2019 Results presentation. I now hand over to the speaker.

Javier Vega;Penichet;Ramón AragonÃ;s MarÃ;n
NH Hotel Group, S.A. - SVP of Investments & IR;NH Hotel Group, S.A. - CEO, MD & Executive Director

Good morning to all. Welcome to NH Hotel Group Q1 2019 results conference call. This is Javier Vega-Penichet from Investor Relations.

Today with you, our CEO, Ramón Aragonés will share with you main guidelines of the strong operating and financial results released yesterday with a focus on the top line. He will also comment on the key integration initiatives with Minor Hotels. Then, our CFO, Beatriz Puente will follow with a more detailed evolution of the results and the strong financial position of the Group. She will explain IFRS 16 accounting impacts from 1st January this year, both in P&L and balance sheet. Finally, a Q&A session will be open to all of you.

So let's get started. Please, Ramon?

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