Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

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

ACCOR (AC)
Mes dernières consult.
Most popular
Report
Real-time Quote. Real-time Tradegate - 01/19 12:31:23 pm
45.775 EUR   +1.18%
12:29p ACCOR : Meet Capucine Viguier
01/18 LE ROYAL MONCEA : a chic and Parisian address
01/10 In China, Macron presses EU for united front on foreign takeovers
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

ACCOR : Shareholders’ AGM dedicated to openness

share with twitter share with LinkedIn share with facebook
share via e-mail
0
05/11/2012 | 07:49pm CET
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

MEDIA RELATIONS

INVESTOR RELATIONS CONTACTS

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
0
Latest news on ACCOR
12:29p ACCOR : Meet Capucine Viguier
01/18 LE ROYAL MONCEAU : a chic and Parisian address
01/10 In China, Macron presses EU for united front on foreign takeovers
01/10 In China, Macron presses EU for united front on foreign takeovers
01/03 ACCOR : San Jose's iconic Fairmont hotel has traded hands for $223.5 million
2017 ACCOR : Update on the opening of AccorInvest’s capital
2017 ACCOR : Homes that make a good first impression have 5 things in common
2017 BERLIN : seasonal menus
2017 ACCOR : Tax strategy in the UK – December 2017
2017 ACCOR : Jane Lynch jokes, croons in 'Swingin' Little Christmas' show
More news
News from SeekingAlpha
01/17 Resort Operator In Tie-Up With Hard Rock For Casino Project
2017 Accor (ACRFY) Updates On 3Q17 Sales - Slideshow
2017 Accor SA reports Q3 revenue
2017 Accor's (ACRFF) CEO Sebastien Bazin on Q3 2017 Results - Earnings Call Transc..
2017 Accor SA Ltd. 2017 Q3 - Results - Earnings Call Slides
Financials (€)
Sales 2017 2 298 M
EBIT 2017 498 M
Net income 2017 523 M
Debt 2017 1 431 M
Yield 2017 1,51%
P/E ratio 2017 41,79
P/E ratio 2018 33,51
EV / Sales 2017 6,31x
EV / Sales 2018 5,53x
Capitalization 13 065 M
Chart ACCOR
Duration : Period :
Accor Technical Analysis Chart | AC | FR0000120404 | 4-Traders
Technical analysis trends ACCOR
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 19
Average target price 46,5 €
Spread / Average Target 2,9%
EPS Revisions
Managers
NameTitle
Sébastien Bazin Chairman & Chief Executive Officer
Jean-Jacques Morin Chief Financial Officer
Jean-Paul Bailly Independent Non-Executive Director
Mercedes Erra Independent Non-Executive Director
Sophie Gasperment Independent Non-Executive Director
Sector and Competitors
1st jan.Capitalization (M$)
ACCOR5.47%16 018
MARRIOTT INTERNATIONAL2.50%51 453
HILTON WORLDWIDE HOLDINGS INC0.00%26 860
INTERCONTINENTAL HOTELS GROUP PLC2.03%12 679
WYNDHAM WORLDWIDE1.04%12 436
CHINA LODGING GROUP, LTD (ADR)2.02%10 612