Overview
- Operating income reached €7.1 million in 2024, driven mainly by rental receipts across its property portfolio.
- The reported loss was about 317% wider than in 2023, reflecting market-driven valuation declines rather than operating weakness.
- Hotel subsidiary Explotaciones Rosotel contributed €5.7 million, with the MiM hotels’ management recently transferred to Meliá under The Meliá Collection.
- Rostower completed its conversion to a Socimi and now trades on the Portfolio Stock Exchange with a market capitalization above €223 million.
- Under the Socimi regime, the company is exempt from corporate income tax but must distribute at least 80% of any profits as dividends.