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Rezidor Hotel Group AB (REZT.ST)

REZT.ST on Stockholm Stock Exchange

29.00SEK
6:54am EDT
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0.20kr (+0.69%)
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28.80kr
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29.50kr
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29.00kr
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Tue, Aug 1 2017

UPDATE 1-Two HNA deals hit hurdles as China tightens scrutiny - sources

* China has cracked down on capital outflows for overseas deals (Adds details of deals, hurdles facing HNA)

BRIEF-Rezidor Q2 profit down yr/yr

* Q2 EBITDA amounted to MEUR 28.4 (36.4) and ebitda margin decreased to 11.2% (14.0)

Rezidor Group targets 60 pct jump in Africa hotels by 2020

NAIROBI, May 23 Sweden's Rezidor Group AB plans to increase by 60 percent the number of hotels it operates in sub-Saharan Africa to 120 in the next four years to take advantage of growing business travel, its regional head said on Tuesday.

BRIEF-Rezidor appoints Gonzalez-Tejera as new CEO

* Federico Gonzalez-Tejera succeeds Wolfgang M. Neumann as President & CEO of Rezidor

BRIEF-Rezidor operating loss narrows in Q1

* EBIT amounted to MEUR -8.2 (-25.0) and the EBIT margin increased to -3.7 pct (-12.1) Source text for Eikon: Further company coverage: (Reporting by Stockholm Newsroom)

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