Servatur Holding Q3 2025/26 Interim Report

Servatur Holding AS (“Servatur”) reported its Q3 2025/26 interim report today (3 month period starting November 1st 2025 and ending January 31st 2026).

Highlights for Q3 2025/26 (figures in brackets refer to the corresponding period in the previous year, unless otherwise stated):

• Record quarter with revenues of €52.7 million (€47.9 million), EBITDA excl. IFRS 16 of €23.8 million (€21.3 million) and EBITDA Adj. LTM of €55.5 million (€48.6 million)
• Occupancy of 95% (97%) and TADR of €162 (€147), supported by all-time high tourist arrivals to the Canary Islands
• €5.7 million of capex in the quarter, including €2.0 million related to Hotel Puerto Plata
• Net debt / EBITDA Adj. LTM reduced to 3.8x, cash position of €48.4 million, and completed listing of the €135 million bond on the Oslo Stock Exchange
• Opened hotel Rocamar and Dona Elvira in January, adding 98 rooms to the portfolio
• Entered into a 15-year rental agreement for 124 rooms at Hotel Puerto Plata from March 1, 2026, including acquisition of a minimum of 44 rooms and a €2.7 million renovation program

Michael Lund Jensen, CEO of Servatur SA, comments:

“Servatur delivered strong financial performance in the seasonal-high third quarter. The performance was supported by all-time high tourist arrivals to the Canary Islands and continued efficient operations of our hotels. During the quarter, we also expanded the portfolio and further strengthened the company’s financial position.”