Accor: Sustained growth and solid results in 2012 (France)
Accor enters a deep transformation process to drive further growth |
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Accor: Sustained growth and solid results in 2012 (France)
Accor enters a deep transformation process to drive further growth |
Category: Europe - France - Industry economy
- Figures / Studies
This is a press release selected by our editorial committee and published online for free on 2013-02-20
Solid results in 2012
- Growth in revenue, up 2.7% like-for-like 1 to €5,649 million
- Improvement in EBIT, up 3% like-for-like to €526 million
- Operating profit before tax and non-recurring items, up 4.1% like-for-like to €468 million
- Net profit of €80 million, before the impact of the Motel 6 disposal
- Ordinary dividend of €0.76 a share, up 17% compared with 2011 (subject to shareholder approval)
- Record expansion with the opening of more than 38,000 rooms, 85% of which under management or franchise agreements
- €1,402 million reduction in adjusted net debt thanks to the asset management strategy, of which €606 million from the asset management program and €796 million from the disposal of Motel 6.
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