Full Year 2022 Dalata Hotel Group PLC Earnings Call Transcript
Good day and thank you for standing by. Welcome to Dalata Hotel Group plc 2022 Full Year Results Conference Call. (Operator Instructions) Please be advised that today's conference is being recorded.
I would now like to hand the conference over to your speaker today, the CEO of Dalata Hotel Group, Dermot Crowley. Please go ahead.
Thank you, Nadia. Good morning, everyone, and thank you for joining us today. I'm here with Carol Phelan, our CFO; and Shane Casserly, our Corporate Development Director. Carol will bring us through the financial review while Shane will take us through our growth and development strategy followed by a section of sustainability. I will then wrap up with the outlook. So if I can start off with Page 4 of the deck. So 2022 has been a year of recovery and record performance. We exceeded turnover of EUR 0.5 billion for the first time in our history. We generated a record level of adjusted EBITDA at EUR 183 million. We are back generating significant free cash flow,
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