Hospitality Invest AS sees Q2 2025 revenue dip amid strategic restructuring

Hospitality Invest AS reported total revenue of NOK 4,361 million for Q2 2025, a decrease of NOK 270 million or 5.8% compared to NOK 4,630 million in Q2 2024. EBITA also declined to NOK 179 million in Q2 2025, down from NOK 225 million in Q2 2024. This financial shift is largely attributed to the deconsolidation of the Staffing segment from June 2025, following Hospitality Invest AS's reduction of ownership in Otiga Group AS from approximately 78% to 45%.

Despite the overall revenue decline, the Care segment demonstrated growth, with revenue reaching NOK 3,248 million in Q2 2025, up from NOK 2,953 million in Q2 2024, and EBITA increasing to NOK 137 million. Hotel Operations also saw a QoQ revenue increase to NOK 373 million from NOK 257 million in Q1 2025. The company successfully completed a new NOK 850 million senior unsecured bond issue in March 2025, with proceeds used to redeem outstanding NOK 700 million senior unsecured bonds.

The Group remains focused on strategic diversification across Care, Hotel Operations, and Other segments, aiming to enhance resilience. Key drivers for future performance include efficiency measures and market maturation within the Care segment, a strong order backlog for Hotel Operations, and continued growth in Integration Services. The company acknowledges political risks but mitigates them through geographical and service diversification.