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Accor SA

ACCP.PA

Latest Trade

24.96EUR

Change

-0.31(-1.23%)

Volume

1,042,760

Today's Range

24.87

 - 

25.54

52 Week Range

20.15

 - 

42.58

As of on the Euronext Paris ∙ Minimum 15 minute delay

Latest Developments

Accor H1 EBITDA Turns To Loss Of EUR 227 Million

Aug 4 (Reuters) - ACCOR SA <ACCP.PA>: :H1 REVENUE EUR 917 MILLION VERSUS EUR 1.93 BILLION YEAR AGO.H1 EBITDA LOSS OF EUR 227 MILLION VERSUS PROFIT OF EUR 375 MILLION YEAR AGO.END-H1 RECURRING FREE CASH FLOW NEGATIVE AT EUR 473 MILLION VERSUS POSITIVE AT EUR 144 MILLION YEAR AGO.H1 NET LOSS GROUP SHARE EUR 1.51 BILLION VERSUS PROFIT OF EUR 141 MILLION YEAR AGO.GROUP'S NET BOOK DEBT AT JUNE 30, 2020 AMOUNTED TO EUR 1.09 BILLION VERSUS EUR 1.33 BILLION AT DECEMBER 31, 2019.THIS PLAN INCLUDES SIMPLIFICATION AND ALIGNMENT OF OPERATIONAL STRUCTURES ACROSS THE DIFFERENT REGIONS.IMPLEMENTATION OF RECURRING SAVINGS PLAN OF 200 MILLION EUROS ON COST BASE OF 1.2 BILLION EUROS IN 2019 (I.E. HOTELSERVICES AND HOLDING).OUTLOOK 2020: IN THE CURRENT COVID-19 ENVIRONMENT COMPANY IS UNABLE TO PROVIDE 2020 EBITDA OUTLOOK.THIS PLAN INCLUDES AUTOMATION OF TASKS BASED ON PROCESSES THAT CAN BE REPEATED.

Hotels group Accor tells shareholders at AGM of slow and limited recovery

June 30 (Reuters) - Accor SA <ACCP.PA>::Accor: during the AGM, Sébastien Bazin discussed the challenges that the Covid-19 pandemic had created for the tourism industry since March, the significant impact of the crisis on Accor’s business, and the prospect of a slow and limited recovery that was to be expected.On June 3, Accor said more than 50% of its hotels in France were now open. nFWN2DF0U1.

More Than 50% Of Accor's Hotels In France Are Now Open

June 3 (Reuters) - ACCOR SA <ACCP.PA>::MARKS A RESUMPTION OF ACTIVITY IN SEVERAL OF HOSPITALITY INDUSTRY’S MARKETS IN MAY, WITH STEADY INCREASE IN NUMBER OF HOTELS REOPENING THEIR DOORS IN JUNE.ANTICIPATES THAT MORE THAN 70% OF GLOBAL NETWORK WILL REOPEN BY THE START OF JULY.IN FRANCE, 900 OF GROUP’S 1,573 HOTELS ARE NOW OPEN, REPRESENTING MORE THAN 50% OF ITS PROPERTIES.IN RECENT WEEKS, ACCOR HAS ALSO SEEN RENEWED INTEREST IN TRAVEL DEMAND, WITH HOTEL RESERVATIONS DOUBLING.

Accor Gets Additional EUR 560 Mln Banking Credit Facility

May 18 (Reuters) - ACCOR SA <ACCP.PA>::ACCOR: NEW 560 MILLION EUROS CREDIT LINE.HAS SIGNED AN AGREEMENT WITH A CONSORTIUM OF 5 BANKS FOR A NEW €560M REVOLVING CREDIT FACILITY (RCF).HAS MORE THAN 4 BILLION EUROS OF LIQUIDITY AT ITS DISPOSAL.NEW FULLY COMMITTED FACILITY HAS 12 MONTHS TENOR, WITH TWO SIX-MONTHS EXTENSION OPTIONS IN HANDS OF ACCOR AND HAS NEITHER COVENANT NOR RESTRICTION.RE-OPENED 250 HOTELS SINCE END-APRIL. TO DATE, 42% OF ACCOR NETWORK IS OPERATING.THIS NEW 12-MONTH LINE OF CREDIT IS PUT IN PLACE WITH BNP PARIBAS, CRÉDIT AGRICOLE CIB, CRÉDIT INDUSTRIEL ET COMMERCIAL, NATIXIS AND SOCIÉTÉ GÉNÉRALE.

Accor Q1 Revenue Down At 768 Million Euros

April 22 (Reuters) - ACCOR AACP.PA::‍​‍​Q1 REVENUE EUR 768 MILLION VERSUS EUR 925 MILLION YEAR AGO.CONSOLIDATED REVPAR WAS DOWN 25.4% OVERALL IN THE QUARTER.APRIL AND MAY ARE EXPECTED TO BE MOST DIFFICULT MONTHS, WITH VERY LOW OCCUPANCY RATES AND STRONG UNCERTAINTY ABOUT TIMING AND LOCKDOWN RELAXATION.‍​FEW MARKETS ARE SHOWING SOME POSITIVE SIGNS, PRIMARILY CHINA, WHERE THERE ARE FIRST INDICATIONS OF RECOVERY.HAS A ROBUST BALANCE SHEET WHICH WILL ENABLE IT TO ABSORB THE ECONOMIC CONSEQUENCES OF THIS CRISIS IN THE COMING QUARTERS - CEO.‍​MORE THAN EUR 2.5 BILLION IN AVAILABLE LIQUIDITY AT END-MARCH 2020.‍​VISIBILITY IS CURRENTLY NOT HIGH ENOUGH TO ESTIMATE THE FINANCIAL IMPACT CRISIS WILL HAVE ON RESULTS AND FINANCIAL POSITION FOR 2020.‍​WITHDRAWS PROPOSAL TO PAY DIVIDEND FOR 2019, REPRESENTING EUR 280 MILLION.‍​FOR THE FIRST QUARTER, ACCOR ESTIMATES A EUR 170 MILLION EBITDA SHORTFALL.‍​IN ORDER TO PRESERVE LIQUIDITY, FURTHER SHARE BUYBACK PROGRAMS ARE SUSPENDED UNTIL FURTHER NOTICE.

Accor To Provide Accomodation Solutions Due To Coronavirus

March 24 (Reuters) - ACCOR SA <ACCP.PA>::SETTING UP A NATIONAL PLATFORM TO PROVIDE HEALTHCARE PERSONNEL AND UNDERPRIVILEGED POPULATIONS WITH ACCOMMODATION SOLUTIONS IN THE GROUP'S HOTELS.40 HOTELS OFFER A CAPACITY OF 1,000 TO 2,000 BEDS TO ACCOMMODATE HOMELESS PEOPLE THROUGHOUT THE COUNTRY.BEYOND THESE INITIATIVES, THE CEDA PLATFORM WILL MAKE IT POSSIBLE TO CENTRALIZE ALL REQUESTS FOR ACCOMMODATION FROM PUBLIC AUTHORITIES AND PROFESSIONAL FEDERATIONS AND TO PROVIDE RAPID AND ADAPTED RESPONSES ACCORDING TO NEEDS.IN COLLABORATION WITH AP-HP NURSING STAFF WILL THUS BE ABLE TO ACCESS, VIA THE CEDA PLATFORM, ACCOMMODATION CLOSE TO THEIR PLACE OF WORK.PLATFORM CEDA (CORONAVIRUS EMERGENCY DESK ACCOR) CREATED TO CENTRALISE NEEDS AND OFFER, IN CONJUNCTION WITH OWNERS OF ACCOR GROUP AND AUTHORITIES CONCERNED, ACCOMMODATION SOLUTIONS THROUGHOUT TERRITORY.

Accor resumes liquidity contract with banks, postpones AGM

March 24 (Reuters) - Accor, Europe's largest hotel group <ACCP.PA>::ANNOUNCES TODAY THE COMPLETION OF ITS SHARE BUYBACK PROGRAMME LAUNCHED ON JANUARY 20, 2020 FOR AN AMOUNT OF EUR 300 MLN EUR.TO POSTPONE ITS AGM TO JUNE 30.ANNOUNCES THE LIQUIDITY CONTRACT, SIGNED WITH ROTHSCHILD MARTIN MAUREL, WHICH WAS SUSPENDED SINCE MARCH 3, 2019, HAS BEEN RESUMED AS OF TODAY.

Under Tender For Orbis Shares AccorInvest Group Acquires 45.4 Mln Shares In Orbis - Offer Document

March 10 (Reuters) - :UNDER TENDER FOR ORBIS SA SHARES ACCORINVEST GROUP SA ACQUIRES 45.4 MILLION SHARES IN ORBIS SA - OFFER DOCUMENT.

39.6 Mln Shares In Orbis Subscribed For Under Tender By AccorInvest

Feb 25 (Reuters) - :39.6 MILLION SHARES (ABOUT 86% STAKE) IN ORBIS SA SUBSCRIBED FOR UNDER TENDER BY ACCORINVEST - OFFER DOCUMENT.

Accor Sees No Impact So Far Of Coronavirus Crisis On The Group Outside Of Asia

Feb 20 (Reuters) - Accor SA <ACCP.PA>::ACCOR CEO SAYS THERE IS NO IMPACT SO FAR OF CORONAVIRUS CRISIS ON THE GROUP OUTSIDE OF ASIA.ACCOR SAYS IT IS CONFIDENT IT CAN REACH 2022 GOAL FOR EBITDA TO REACH 1.2 BILLION EUR.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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