on PREATONI GROUP (EPA:MLPRG)
PREATONI Group Updates on Pro Kapital's HY26 Results and Hospitality Division
On August 14, 2026, PREATONI Group, an international entity focusing on hotel assets and real estate, disclosed the unaudited half-year results for Pro Kapital Grupp AS. Results showed a revenue decrease to €26.1 million, down 9% from the same period last year, attributed to different housing products sold. Gross profit also fell to €9.6 million, with operating income and net income declining to €5.6 million and €3.3 million respectively. However, cash flow from operations improved to €9.3 million, bolstered by extended maturity on convertible bonds.
In their Hospitality/Tourism sector, despite geopolitical and energy-related uncertainties, performance met expectations, particularly in Egypt and Italy, with promising increases in average revenue per room and stable occupancy, especially noted in Sharm El Sheikh.
R. P.
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