Accor Sa (ACRFF) Q4 2025 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:05.178 good morning good morning everyone thank you so much for joining the 00:00:05.178 -- 00:00:08.823 year and release for our course so i'm gonna 00:00:08.823 -- 00:00:13.830 start pretty short and sweet uh if i may so you have the first 00:00:13.830 -- 00:00:18.115 light in front of you those looking at us looking at your screen 00:00:18.115 -- 00:00:23.863 uh four things four takeaways uh for the group the first is we are 00:00:23.863 -- 00:00:29.078 yeah we are um happy with the results of the last 00:00:29.078 -- 00:00:34.106 year. We are certainly overachieving what we expected the last time we've 00:00:34.106 -- 00:00:36.327 talked in 00:00:36.430 -- 00:00:40.937 September and end of the third quarter, or certainly after the end of the first semester 00:00:40.937 -- 00:00:43.521 number when we've met physically 00:00:43.521 -- 00:00:48.610 late July and August. And we still have the headwinds in so many 00:00:48.610 -- 00:00:53.636 economies, so many geographies, but yes, we are thrilled with what was achieved 00:00:53.636 -- 00:00:58.181 by the teams and by the different brands of this company. 00:00:58.181 -- 00:01:03.508 Why are we relieved and happy? I think because we really delivered 00:01:03.508 -- 00:01:06.271 on what we've been promising to you, which is cost discipline. 00:01:06.271 -- 00:01:10.396 A lot of it is due to do we have the rigor? 00:01:10.396 -- 00:01:13.519 Do we have the discipline? Do we have the right plan? 00:01:13.519 -- 00:01:16.343 And do we have the right accountability? 00:01:16.343 -- 00:01:21.357 So the focus on the execution of the plan is something which is extremely important has 00:01:21.357 -- 00:01:25.262 been the case for the last three years will be the case for the next probably 10 year...