Edition:
India

NH Hotel Group SA (NHH.MC)

NHH.MC on Madrid SE C.A.T.S.

2.67EUR
18 Sep 2020
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€-0.06 (-2.38%)
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Thu, May 14 2020

NH Hotels Q1 loss widens sharply after coronavirus forces closures

MADRID, May 14 Spain's NH Hotels Group on Thursday said its net loss nearly quadrupled in the first quarter from a year earlier after the coronavirus pandemic forced the closure of many of its hotels.

BRIEF-NH Hotels Q1 Recurring Net Loss Widens To 58.6 Mln Euros YoY

* Q1 RECURRING NET LOSS 58.6 MILLION EUROS VERSUS LOSS 17.3 MILLION EUROS YEAR AGO

BRIEF-NH Hotels Signs 225 Mln Euro Syndicated Loan

* SAID ON TUESDAY SIGNED 225 MILLION EURO SYNDICATED FINANCING AGREEMENT FOR 3 YEARS

BRIEF-NH Hotel Group Withdraws Gross Dividend of 0.15 Eur/Shr Proposed on Feb. 25

* SAID ON TUESDAY WITHDRAWS DISTRIBUTION OF GROSS DIVIDEND OF 0.15 EUROS PER SHARE PUBLISHED ON FEBRUARY 25

BRIEF- NH Hotel Group To Initiate Temporary Layoff Plan Adjusted To Operational Needs

* SAID ON TUESDAY HAS INITIATED IN SPAIN A PROCEDURE TO APPLY FOR TEMPORARY LAYOFF ADJUSTED TO OPERATIONAL NEEDS IN LINE WITH THE DROP IN ACTIVITY

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