Revenue up 2.0% (LFL) to €2,598 million
EBIT down 4.0% (LFL) to €239 million
Net profit, group share of €74 million
* * *
Full-year 2016 EBIT target: between €670 million and €720 million
Sébastien Bazin, Chairman and Chief Executive Officer of AccorHotels, said: "With several of our key markets, including France and Brazil, shaken by crises and violent events, the Group showed remarkable resilience in the first half of 2016. We continued to invest heavily in order to grow, transform and gain a foothold in new businesses that are destined to become fundamental for the Group. We will pursue this offensive strategy in the coming months. Our presence in 95 countries, our leadership positions in Europe, Asia-Pacific, Latin America, Africa and the Middle East, and our strength as the world's leading hotel operator covering all segments from economy to luxury give us a major competitive edge. Combined with the launch of a project to turn our property division into a subsidiary and a strategy that gives priority to customer-focused innovation, these strengths will be the drivers of our future growth.
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