Accor SA (XPAR:AC)
€ 44.01 0.83 (1.92%) Market Cap: 10.72 Bil Enterprise Value: 13.51 Bil PE Ratio: 19.13 PB Ratio: 2.39 GF Score: 87/100

Half Year 2021 Accor SA Earnings Call Transcript

Jul 29, 2021 / 06:30AM GMT
Release Date Price: €30.05 (-1.28%)
Operator

Hello, and welcome to the Accor 2021 Half Year Results Call. My name is Jazz, and I'll be your coordinator for today's event. (Operator Instructions) I will now hand you over to your host, Sebastien Bazin, Chairman and CEO of Accor, to begin today's call. Thank you.

Sebastien Marie Christophe Bazin
Accor SA - Chairman & CEO

Thank you very much. Good morning, everyone. Here we are for the H1 semiannual reporting numbers for Accor. Very happy to be with you. Jean-Jacques is next to me, here on my right. So let's try to have a good, positive conversation, and of course, be super factual.

What you have on Page 4, which says recovery context, there's 3 things on this page. The first, of course, on the left, it's certainly better than where we stood last year on June '20 where 87% of all our countries were actually closed or partially closed. That number is today 63%. I would have wished that number to be way below 50%. This is not the case as of yet. So we're still in a bit of a muddy water in terms of navigating us through different countries and

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