16th Jul 2025 18:56
Hydro Hotel Eastbourne PLC - Eastbourne, England-based hotel operator - Announces results for six months to April 30. Revenue climbs to GBP2.1 million from GBP2.0 million in the year prior. Overheads rise by 8% as repair costs increase by GBP45,944 in the period compared to a year ago due to repairs to the hotel's boiler flue, the replacement of windows and fire doors and other essential repair work. Gross profit rises 9% in the half despite costs increasing by 10%. Loss widens to GBP97,225 from GBP76,957.
Highlights during the period include replacement of the air conditioning in the Wedgwood Room, the garden furniture on the Coastal Terrace and two boilers. General refurbishment of the bedrooms and public areas continued.
Current share price: 850.00 pence, closed flat on Wednesday
12-month change: No change
By Aidan Lane, Alliance News reporter
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