Accor SA (WBO:AC)
€ 43.63 -0.51 (-1.16%) Market Cap: 10.73 Bil Enterprise Value: 13.51 Bil PE Ratio: 19.03 PB Ratio: 2.37 GF Score: 84/100

Full Year 2023 Accor SA Earnings Call Transcript

Feb 22, 2024 / 07:30AM GMT
Release Date Price: €37.85
Sebastien Marie Christophe Bazin
Accor SA - Group Chairman, CEO & Member of Management Board

We're going to be opening the 2023 year-end number release to each of you. So sorry to be a couple of minutes late. So first, welcome everybody to this session. Welcome to those of you on the phone looking mostly at Martine, and myself. Happy to be back with you and happy to be sharing with you what we believe internally being very strong numbers and performances for the Group.

So let me start with something which is a bit of a 20,000-feet altitude, which, you know, I love doing. What you have here on the left side is the numbers all of us know well, which is the 1.459 billion pre-COVID numbers of international travelers. A lot of us being -- hoping for V-shape scenario, which is clearly confirmed not only in the slide, but I guess in actual numbers. You see that, I guess, at the end of 2023, we were still down 12% versus the peak of 2019, so roughly 1.284 billion. Most of it is people not returning from China. And I'll go in more granularity probably during the session. However, United Nations WTO,

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot