EMEIS: 2024 financial report and 2025 forecasts

The EMEIS Group closed the year 2024 with a turnover of €5,636 million, reflecting organic growth of 8.3%, mainly supported by an increase in occupancy rates and a positive price effect. The recovery momentum that began in the second half of the year exceeded expectations, with operating margins significantly increasing, with EBITDAR reaching €740 million and EBITDA €245 million.

Disposals totalling €916m since mid-2022 show a well-underway deleveraging strategy, with discussions underway for possible additional sales of over €2bn. The restructuring of the real estate portfolio has contributed to an asset valuation approaching a cycle low.

EMEIS forecasts an increase in EBITDAR of between 15% and 18% at constant scope for 2025, supporting its continued growth thanks to increased occupancy rates and optimized management of operational costs.