Report
Fehmi Ben Naamane ...
  • Johanna Jourdain

Accor : Vision positive sur la croissance moyen terme et engagement apprécié sur le retour aux actionnaires

>Guidances FY23 et moyen-terme solides et en ligne avec nos attentes - Au cours de son CMD hier à Paris, Accor a dévoilé des guidances 2023 et à moyen terme, qui nous paraissent solides et positives sur le niveau de croissance attendu. Pour FY23, Accor anticipe un EBITDA de 920/960 M€ (ODDO BHF en ligne à 939 M€e, inchangé), basé sur une croissance des RevPAR y-o-y de +15/20% (ODDO BHF +17.4%e, inchangé). Le management a concédé que cette guidance était prudente, en r...
Underlying
Accor SA

Accor is a hotel operator. Co. offers its guests and partners the expertise of a hotel operator and brand franchisor (HotelServices) and a hotel owner and investor (HotelInvest). Co. divides its activities into three segments: Luxury-upscale, Midscale and Economy. Luxury-upscale makes up 11% of Co.'s portfolio and comprises brands such as Sofitel, Pullman, MGallery, and Grand Mercure; Midscale makes up 43% of its portfolio and comprises the Novotel, Suite Novotel, Mercure and Adagio brands; and Economy makes up 46% the Co.'s portfolio, comprising the brands ibis, ibis Styles, ibis budget and hotelF1. At Dec 31 2013 Co. operated around 3,600 hotels and 460,000 rooms in 92 countries.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Fehmi Ben Naamane

Johanna Jourdain

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