Millennium & Copthorne Hotels Share News (MLC)

LONDON BRIEFING: Coca-Cola HBC And Standard Life Impress With Results

Millennium & Copthorne Slashes Dividend As Annual Profit Plummets

Millennium & Copthorne profit hit by external factors

(ShareCast News) - Millennium & Copthorne Hotels posted an 86% drop in fourth quarter pre-tax profit despite a slight gain in revenue. Pre-tax profit declined to £11m from £80m in the fourth quarter of 2014, although revenue nudged up 1.3% to £232m. Revenue per available room (RevPAR), which is a ke

Earnings, Trading Statements Calendar - Week Ahead

Millennium & Copthorne says impairment charges will dent 2015 profit

(ShareCast News) - Millennium & Copthorne Hotels, which is due to release its full year results next Friday, expects to recognise a net charge of around £43m against pre-tax profits for 2015. It said the net charge includes £76m of impairment losses relating primarily to four of its properties in th

Millennium & Copthorne 2015 Profit To Be Hit By Impairment Losses

Hilton launches budget hotel brand

(ShareCast News) - After hotels giant Hilton launched a new brand aimed at budget travellers, shares in UK hotel companies were sent lower on Monday on fears of increased competition. Hotel said its new Tru brand will "fill a massive void" in the hotel market, arguing that the offering of rival budg

BROKER RATINGS SUMMARY: HSBC Raises Morrisons To Hold From Reduce

LONDON BRIEFING: Miners Lead Declines As Anglo Suspends Dividend

LONDON MARKET CLOSE: Stocks End Down; Dollar Hit As US GDP Disappoints

FTSE 250 movers: Playtech surges on update; Millennium slumps as results disappoint

(ShareCast News) - London's FTSE 250 index was down 0.3% to 17,098.97 at 1505 GMT as investors digested a hawkish policy statement from the Federal Reserve and mixed US data releases. Playtech was a high riser after the gambling and software services supplier reported strong trading in both of its d

WINNERS & LOSERS SUMMARY: Barclays And Smith & Nephew Sink

Millennium & Copthorne under pressure in Asia

(ShareCast News) - Millennium & Copthorne Hotels posted lower revenue and profit in the third quarter due to weaker performance in Singapore and Rest of Asia. With revenue per available room (revpar) down 0.1% in the quarter to £77.66, group revenues for the quarter were down 2.8% to £211m, meaning

Millennium & Copthorne Hit By Asia Slowdown In Third Quarter

Earnings, Trading Statements Calendar - Week Ahead