Edition:
United Kingdom

Dominique Vidalon

Weak Asia weighs on Accor first-quarter hotel room revenue growth

18 Apr 2019

PARIS Accor, Europe's biggest hotel group, said on Thursday weakness in Asia and in North America held back growth in Revenue Per Available Room (RevPAR), a key gauge of performance for the hotel industry, to 1.6 percent in the first quarter.

May the shopping be with you: French supermarket tests robot delivery

18 Apr 2019

PARIS Four decades after R2-D2 delivered a vital message from Princess Leia in the hit movie "Star Wars", a French supermarket group plans to use robots inspired by the drum-shaped droid to transport food to customers in Paris.

Elliott target Pernod pushes up profit outlook

18 Apr 2019

PARIS French spirits maker Pernod Ricard, which is being targeted by activist investor Elliott, raised its profit outlook on bets cost savings and Chinese demand will offset a slowdown in quarterly sales growth.

Pernod CEO: in regular and 'courteous' talks with Elliott

18 Apr 2019

PARIS Drinks group Pernod Ricard is having regular and "courteous" talks with activist investor Elliott, although it is not necessarily meeting Elliott any more than it would with any other regular shareholder, the head of Pernod told Reuters.

Pernod CEO: in regular and "courteous" talks with Elliott

18 Apr 2019

PARIS, April 18 Drinks group Pernod Ricard is having regular and "courteous" talks with activist investor Elliott, although it is not necessarily meeting Elliott any more than it would with any other regular shareholder, the head of Pernod told Reuters.

Danone sees growth picking up after China and Morocco snags

17 Apr 2019

PARIS French food group Danone shrugged off a slow start to the year on Wednesday, saying it expected sales growth to accelerate after setbacks in China and Morocco.

Pernod Ricard agrees to buy Italian gin brand Malfy

17 Apr 2019

PARIS Pernod Ricard, which is being targeted by activist investor Elliott, plans to buy super premium Italian gin brand Malfy from Biggar & Leith, as it further strengthens its fast-growing portfolio of so-called 'craft' spirits.

Sodexo's shares shine as sales growth at French group accelerates

11 Apr 2019

PARIS Shares in Sodexo surged on Thursday after the French food services company delivered a stronger-than-expected rise in first-half revenue as growth accelerated in north America during the second quarter.

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