secwatch.observer — SEC 8-K summary
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Issuer:     Kennedy-Wilson Holdings, Inc. (KW)
CIK:        0001408100
Form:       8-K
Filed at:   2023-08-29T23:59:59+00:00
Accession:  0001408100-23-000112
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kennedy-Wilson Europe Real Estate reports H1 2023 net loss of £28.4M, revenue up to £81.1M
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- Revenue £81.1M vs £71.1M YoY; hotel revenue doubled to £21.1M.
- Net loss after tax £28.4M vs profit £6.5M YoY; driven by £53.2M fair value loss on investment property.
- Net finance expense £16.4M (£13.6M); share of profit from equity investees £14.8M (£9.8M).
- Cash & equivalents £78.7M at June 30, down from £211.6M at Dec 2022; cash used in financing £158.7M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1408100/000140810023000112/0001408100-23-000112-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1408100/000140810023000112/kw-20230829.htm
  HTML page:      https://secwatch.observer/filing/0001408100-23-000112

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer