(Telestock) – Xenia Hotellerie Solutiona company listed on Euronext Growth Milan that provides hospitality services through three business lines in the tourism-hotel sector, has closed the second trimester 2024 with revenues for 15.1 million euros (+18.9% compared to 12.7 million euros in the second quarter of 2023) and a EBITDA equal to 0.4 million euros (1.4 million euros in the second quarter of 2023).
The first semester highlights revenues of 27.5 million euros, up 15.5% compared to 23.8 million euros in the same period of 2023. Adjusted EBITDA for the first half of 2024 is equal to 1.3 million euros (-35% compared to the first half of 2023, equal to 2 million euros). Reported EBITDA is 0.9 million euros.
“The evidence for the period April-June 2024 has confirmed most of our forecasts – commented theAD Ercolino Ranieri – In the second quarter, there were three new acquisitions for Phi Hotels in Cuneo, Pescara and Bra. All business lines recorded positive indicators. The results of the first two quarters absorbed the adjustment of the post-listing cost structure and those incurred for development and M&A activities. The second quarter of the financial year also consolidates our assumptions and the connotation of 2024 as a year of marked evolution in the hospitality sector. The company’s business model fits fully into this evolutionary phase with a flexibility useful for seizing opportunities in changing contexts”.