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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