The Board of Jurys Doyle Hotel Group plc is pleased to report an excellent financial performance and record results for the twelve months ended 30th April 2000. Turnover for the year was €219.01 million, an increase of 106% from the previous year (1999: €106.17 million). Pre-tax profits increased by 70% to €50.04 million (1999: €29.4 million). Earnings per share increased by 25.7% to €68.3c
The continued strong performance of the Irish economy impacted very positively on all our hotels and inns which attracted record numbers of visitors. In the UK and US, despite the strength of Sterling and the Dollar, we had a very satisfactory year’s trading which was well above expectations.
A final dividend of €11.11c per share is proposed resulting in a total dividend for the year of €17.14c per share an increase of 22.7% on the previous year.
The Annual Report and Accounts will be dispatched to shareholders on 28th July 2000. The Annual General meeting will take place on 28th August 2000.
Ex dividend date: 17th July 2000
Record date: 21st July 2000
Dividend payment (if approved): 30th August 2000