Tourism Industry News

Accor posts 2008 results

02/03/2009 09:58

Highlights from Accor's 2008 performance: 


  • Profit Before Tax on Target, at EUR875 Million
  • Dividend Unchanged at 1.65 Euro per Share
  • Battle Plan to Face a Difficult Environment
  • Accor is Staying on Course and Continuing to Transform its two Core Businesses
  • Operating Profit Before tax and Non-Recurring Items: EUR875 Million, on Target up 13.0% Like-For-Like and Excluding the Impact of the Return to Shareholders
  • Operating Margin up 1.0 Point to 29.6%
  • A Solid Balance Sheet: Adjusted FFO/Adjusted net Debt at 25.8%(2) 


View Accor´s complete 2008 results press release


Source: HotelNewsNow



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