Intercontinental Hotels H1 Profit Up - Quick Facts

(RTTNews) - InterContinental Hotels Group Plc's (IHG, IHG.L) first-half pre-tax profit climbed to $462 million, from last year's $279 million, as restated. Excluding exceptional items, pre-tax profit amounted to $302 million, versus $256 million a year earlier.

On a continuing operations basis, total profit attributable to equity holders of the parent was $340 million in the first half, higher than the prior-year figure of $271 million; while excluding items, it grew to $208 million, from $182 million in the prior-year period.

Six-month earnings per ordinary share stood at 126.4 cents, an increase from the prior year's 91.9 cents; and adjusted earnings per ordinary share improved year-on-year to 77.3 cents, from 61.7 cents.

Half-yearly revenue on continuing operations totaled $936 million, compared with restated $878 million in the earlier year period.