Accor Sa (ACRFF) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

good morning good morning everyone thank you so much for joining the year and release for our course so i'm gonna start pretty short and sweet uh if i may so you have the first light in front of you those looking at us looking at your screen uh four things four takeaways uh for the group the first is we are yeah we are um happy with the results of the last year. We are certainly overachieving what we expected the last time we've talked in September and end of the third quarter, or certainly after the end of the first semester number when we've met physically late July and August. And we still have the headwinds in so many economies, so many geographies, but yes, we are thrilled with what was achieved by the teams and by the different brands of this company. Why are we relieved and happy? I think because we really delivered on what we've been promising to you, which is cost discipline. A lot of it is due to do we have the rigor? Do we have the discipline? Do we have the right plan? And do we have the right accountability? So the focus on the execution of the plan is something which is extremely important has been the case for the last three years will be the case for the next probably 10 years and certainly for the next two years until the capital market day is finished by 27 which means we're going to have to do another plan way beyond 27 because of course it doesn't stop in 27. uh the third element here which is quite interesting is We're getting stronger and stronger and stronger when it comes to signing new partnership and certainly due to the robustness of the loyalty program. All Accor is very welcomed in the numbers of geography. You probably have seen the number with over 15 million new members last year. That 15 is being 12 a year before, probably going to be...