March 8, 2018 / 7:31 AM / 2 months ago

BRIEF-Action Hotels Sees ‍FY Loss Before Tax Higher Than Expected At About $12.2 Mln​

March 8 (Reuters) - Action Hotels Plc:

* ACTION HOTELS - ‍EXPECTS RESULTS FOR YEAR ENDED 31 DEC 2017 TO BE BROADLY IN LINE WITH MARKET EXPECTATIONS IN RESPECT OF REVENUE AND ADJUSTED EBITDA​

* ACTION HOTELS PLC - ‍FY LOSS BEFORE TAX IS EXPECTED TO COME IN MATERIALLY HIGHER THAN EXPECTED AT APPROX. US$12.2M​

* ACTION HOTELS PLC - ‍TRADING FOR FIRST TWO MONTHS OF 2018 HAS BEEN ENCOURAGING AND UNDERPINS GROUP’S RESILIENT BUSINESS MODEL​ Source text for Eikon: Further company coverage:

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