UPDATE 1-AccorHotels eyes higher profit despite Brexit, Europe attacks

miércoles 27 de julio de 2016 13:46 GYT

* H1 EBIT 239 mln euros vs Rtrs poll 257 mln euros

* Eyes 2016 EBIT of between 670-720 mln euros

* Flags Brexit, Europe attacks, Turkey uncertainty (Adds CFO comments from call)

By Dominique Vidalon

PARIS, July 27 (Reuters) - AccorHotels on Wednesday predicted its operating profit would rise further this year as Europe's largest hotel group reaps the fruits of its restructuring and gets a boost from the acquisition of luxury hotel group FRHI Holdings.

The world's fifth-largest hotel group however expressed caution about the impact of Britain's vote to leave the European Union and attacks in France and Germany and said the situation in Turkey was "still difficult to measure".

AccorHotels, undergoing an overhaul begun by Chief Executive Sebastien Bazin in 2013, forecast a 2016 operating profit of between 670 million euros ($736.20 million) and 720 million euros, compared with 665 million in 2015. A ThomsonReuters poll produced a forecast of 713 million euros.

"We are giving a target range that is broader than in previous years and reflects some degree of uncertainty," Chief Financial Officer Jean-Jacques Morin told a conference call.

The group will fine-tune this estimate when it releases its third-quarter sales in October, he added.   Continuación...