Simon Thompson 

Elegant Hotels earnings recovery underpriced

Simon Thompson

Simon Thompson

I have had an informative full-year results call with Sunil Chatrani, chief executive of Elegant Hotels (EHG:72p), the operator of seven luxury hotels on the Caribbean island of Barbados. The company has just reported a 6 per cent rise in adjusted pre-tax profits to $11.4m for the financial year to end September 2018 and a 15 per cent hike in adjusted EPS to 11.3¢.

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