Pandox AB

PNDX B

Equity

ISIN SE0007100359 / Valor 28509822

NASDAQ Nordic Exchange Stockholm, Equities (2024-12-23)

SEK 190.00-0.52%

Pandox AB
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About company

Pandox AB is a leading owner of hotel properties in Northern Europe, focusing on sizeable hotels in key leisure and corporate destinations. The company operates in two business segments: Leases, where Pandox owns and leases hotel properties, and Own Operations, where Pandox also runs hotel operations. Pandox's strategy is to create resource-efficient properties and operations that reduce the company's climate footprint while growing its business. The company's hotel property portfolio consists of 159 hotels with approximately 35,800 hotel rooms in 12 countries. Pandox aims to establish profitable green properties and agreements with hotel operators to contribute to more sustainable development.

Summarized from source with an LLMView SourceSector: Finance

Revenue for Leases

Pandox AB's revenue for leases in Q2 2024 amounted to MSEK 1,009, compared to MSEK 942 in the same period last year. This represents a 3 percent increase for comparable units in fixed currency.

Revenue for Own Operations

In Q2 2024, Pandox AB reported revenue for own operations of MSEK 857, up from MSEK 832 in Q2 2023. This marks a 10 percent increase for comparable units in fixed currency.

Net Operating Income

The net operating income for leases in Q2 2024 was MSEK 869, an increase from MSEK 806 in the same quarter of the previous year. For comparable units in fixed currency, this is a 4 percent rise.

EBITDA Growth

Pandox AB's EBITDA for Q2 2024 amounted to MSEK 1,082, showing an 11 percent increase from MSEK 977 in Q2 2023.

Profit for the Period

The profit for Pandox AB in Q2 2024 was MSEK 710, significantly higher than the MSEK 288 reported in Q2 2023. This translates to SEK 3.83 per share, up from SEK 1.56 per share in the previous year.

Summarized from source with an LLMView Source

Key figures

29.9%1Y

41.3%3Y

-11.2%5Y

Performance

25.9%1Y

33.8%3Y

45.8%5Y

Volatility