Accor first-half 2019: Solid results and swift strategic plan execution

REVENUE UP 27.8% TO €1,926 MILLION (+4.8% LFL)EBITDA UP 30.1% TO €375 MILLION (+5.1% LFL)RECURRING FREE CASH FLOW OF €144 MILLIONNET PROFIT, GROUP SHARE OF €141 MILLION ***Full-year 2019 EBITDA target between €820 million and €850 million ________________________________________________________________ The first-half 2019 results confirm the Group’s excellent performance in the execution of its objectives. After adding 18,589 rooms (149 hotels) on an organic basis during the period, Accor had a portfolio of 717,314 rooms (4,892 hotels) and a pipeline of 202,000 rooms (1,153