International Hotel Investments p.l.c. held its Annual General Meeting on Thursday 13 June 2019 at Corinthia Hotel St George’s Bay, St Julians, Malta.
During the Meeting, which was very well attended, the shareholders approved the consolidated statements of the Company for the year ended 31 December 2018 together with the Directors’ Report and Auditors’ Report.
Furthermore, the Meeting approved a net dividend of €0.02 per share, which represents a net payment of €12.314 million.
PricewaterhouseCoopers were again appointed as auditors of the Company and the same directors we re-appointed.
The Chairman, Mr Alfred Pisani, proudly announced that 2018 was another successful year for the Company, with an increase in the adjusted Ebitda to €61.3 million, driven by increased profitability and improved performance from various business segments. Profit before tax for the year was €8.5 million.