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Société du Louvre suffer as profits fall by 12%

Société du Louvre has announced a fall in profits for 2001 after being hit by the slowdown in the US and the events of 11 September.

The hotel group saw profits fall by 12.2% to ¬97.5m, on a turnover down 4.9% to ¬686.7m.

Société du Louvre restructured its activities with the sale of Imprimeries Champenoises and Deville.

Les Echos 18 March 2002 p26

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