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Melia shares fall on H1 figures below consensus



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** Shares in Melia Hotels MEL.MC fall around 4% after H1 figures came slightly below consensus estimates

"Q2 results were a miss on sales, in-line on EBITDA and a 2 mln euros miss on net income", says Jefferies, commenting results posted on Wednesday

CM Capital Markets sees H1 figures slightly below consensus estimates as "negative for the stock"

** Share is on track for its worst day since early Aug 2023, when it closed 4.5% lower



Reporting by Tiago Brandao

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