Full Year 2018 Mandarin Oriental International Ltd Earnings Presentation Transcript

Feb 28, 2019 / NTS GMT
Presentation
Feb 28, 2019 / NTS GMT

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Corporate Participants
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* Craig Alan Beattie
Mandarin Oriental International Limited - CFO & Director
* James Riley
Mandarin Oriental International Limited - Group Chief Executive & Director

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James Riley - Mandarin Oriental International Limited - Group Chief Executive & Director

Welcome to this presentation of Mandarin Oriental's Results for 2018. I am James Riley, the Group's Chief Executive, and I'm joined by Craig Beattie, our Chief Financial Officer.

2018 was a busy year. The group delivered a stronger financial performance and made significant strides in a number of areas. Let me highlight a few.

Several of the group's owned properties performed well and this helped to deliver a 19% increase in underlying profit. The fire in the London hotel in June 2018 was a blow to morale, coming just as an extensive renovation was due to be completed, but our response was swift and the hotel will fully reopen this

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