Log in
Forgot password ?
Become a member for free
Sign up
Sign up
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Euronext Paris  >  ACCOR    AC   FR0000120404


Delayed Quote. Delayed  - 07/28 05:35:19 pm
37.23 EUR   -0.24%
07/28 ACCOR : Solid first-half 2016 results driven by the transformation p..
07/27 ACCOR : AccorHotels buys concierge group to counter Airbnb challenge
07/27 ACCOR : AccorHotels to acquire John Paul, world leader in the concie..
News SummaryMost relevantAll newsSector news 

ACCOR : Shareholders’ AGM dedicated to openness

share with twitter share with LinkedIn share with facebook
share via e-mail
05/11/2012 | 07:49pm CEST
Press Release

Paris, May 10, 2012

Shareholders' AGM

dedicated to openness

The Shareholders' AGM, chaired by Chairman and CEO Denis Hennequin, was held today, in Paris. Shareholders either present or represented (the quorum), who altogether hold 75.67% of the shares, adopted all the resolutions.
During the AGM, Denis Hennequin underlined Accor's healthy results in 2011 and walked shareholders through the Group's strategy.
He highlighted developments in the system that enables to drive the Group's transformation, the "P&L Performance", which now provides detailed results for the various operation modes. He also presented the new sustainable development program, PLANET 21, which sets 21 goals for 2015, and its pledge to provide updates on progress towards those goals every year.
Denis Hennequin told shareholders about the latest developments in efforts to re-dynamise economy brands with the new brand architecture - ibis as the "mega-brand" encompassing three brands, namely ibis, ibis Styles (formerly All Seasons) and ibis budget (formerly Etap Hotel). Lastly, he confirmed the Group's growth objectives, i.e. to open 40,000 rooms in 2012 and 2013, mainly under franchises and management contracts.
Besides, Sophie Stabile, CFO, commenting on business levels for 2012, announced that RevPAR had been positive for all segments last April, with respective increases of +6.3% for Upscale & Midscale hotels,
+5.5% for Economy Hotels excl. the US, and +1.9% for US Economy Hotels, all these performances being mostly led by price, in line with the trends seen in the first quarter of the year.
The €0.65 per share ordinary dividend and €0.50 per share extraordinary dividend were approved by
the Shareholders' AGM. The dividend will be paid out on 14 June 2012 (ex-date: 11 June 2012).
The Shareholders' AGM also renewed the 3-year terms of Board members Ms Mercedes Erra, Mr Jean- Paul Bailly, Mr Philippe Citerne and Mr Bertrand Meheut. They are independent Board members.

Accor, the world's leading hotel operator and market leader in Europe, is present in 92 countries with more than 4,400 hotels and 530,000 rooms. Accor's broad portfolio of hotel brands - Sofitel, Pullman, MGallery, Novotel, Suite Novotel, Mercure, Adagio, ibis, all seasons/ibis Styles, Etap Hotel/Formule 1/ibis budget, hotelF1 and Motel 6 - provide an extensive offer from luxury to budget. With more than 180,000 employees* in Accor brand hotels worldwide, the Group offers to its clients and partners nearly 45 years of know-how and expertise.

*Including 145,000 in owned, leased and managed hotels



Agnès Caradec Senior Vice President Communications & External Relations

Phone : +33 1 45 38 87 52

Elodie Woillez

Phone: +33 1 45 38 87 08

Sébastien Valentin Senior Vice President Financial Communications & Investor Relations

Phone: +33 1 45 38 86 25

distributed by
share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news on ACCOR
07/28 ACCOR : Solid first-half 2016 results driven by the transformation plan
07/27 ACCOR : AccorHotels buys concierge group to counter Airbnb challenge
07/27 ACCOR : AccorHotels to acquire John Paul, world leader in the concierge market
07/25 ACCOR : “When you earn points with our partner hotels"
07/13 ACCOR : What business travellers are looking for...
07/13 ACCOR : AccorHotels initiates project to turn HotelInvest into a subsidiary to a..
07/13 ACCOR : New Group’s governance
07/13 ACCOR : AccorHotels adds global luxury brands with landmark acquisition of Fairm..
07/12 ACCOR : AccorHotels to turn HotelInvest property business into subsidiary
07/12DJACCOR : AccorHotels to Turn HotelInvest Arm Into Subsidiary
More news
Sector news : Hotels, Motels & Cruise Lines - NEC
07/28DJU.S. HOT STOCKS : Hot Stocks to Watch
07/27DJMARRIOTT : Profit Rises 2.9%
07/27DJMARRIOTT : Profit Rises 2.9%
07/27DJHILTON WORLDWIDE : Profit Climbs, But it Lowers Projections
More sector news : Hotels, Motels & Cruise Lines - NEC
News from SeekingAlpha
07/28 Accor SA Ltd. reports H1'16 results
04/19 Accor Hotels' (ACRFF) CEO Sebastien Bazin on Q1 2016 Results - Earnings Call ..
04/12 Accor - Investing For Growth, An Acquisition Likely On The Cards?
03/29 Consolation prize in Europe for Starwood loser?
02/07 The Zika Virus Is Crippling Brazil - Short The Brazilian Real
Financials (€)
Sales 2016 5 797 M
EBIT 2016 694 M
Net income 2016 351 M
Debt 2016 744 M
Yield 2016 2,69%
P/E ratio 2016 26,69
P/E ratio 2017 20,43
EV / Sales 2016 1,96x
EV / Sales 2017 1,83x
Capitalization 10 619 M
More Financials
Duration : Period :
ACCOR Technical Analysis Chart | AC | FR0000120404 | 4-Traders
Full-screen chart
Technical analysis trends ACCOR
Short TermMid-TermLong Term
Technical analysis
Income Statement Evolution
More Financials
Mean consensus OUTPERFORM
Number of Analysts 17
Average target price 41,3 €
Spread / Average Target 11%
Consensus details
EPS Revisions
More Estimates Revisions
Sébastien Bazin Chairman & Chief Executive Officer
Jean-Jacques Morin Chief Financial Officer
Vivek Badrinath Deputy CEO-Marketing & Information Systems
Jean-Paul Bailly Independent Non-Executive Director
Philippe Citerne Vice Chairman
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
ACCOR-6.61%11 753
STARWOOD HOTELS & RESO..11.16%13 056
More Results