Croatian hotel operator Plava Laguna [ZSE:PLAG] booked a net profit of 80.9 million euro ($86 million) in the first nine months of 2023, down from 83.8 million euro in the same period of last year.
Adjusted EBITDA rose 21% year-on-year, to 102.6 million euro, in the nine months through September, Plava Laguna said in a filing to the Zagreb bourse on Tuesday.
Operating revenue grew 24% to 218.5 million euro, while operating costs increased 24.4% to 139 million euro.
The Plava Laguna group registered 5.33 million overnights in the first nine months of 2023, up 7.8% on the year.
Plava Laguna’s ordinary shares traded 3.61% higher at 344 euro on November 2 on the Zagreb bourse, where they were the second biggest daily gainer.
($ = 0.939 euro)
Source : SeeNews
