Société Immobilière et d'Exploitation Logo

Société Immobilière et d'Exploitation

ISIN: FR0006226791 | Ticker: MLHMC

About Société Immobilière et d'Exploitation

Company Description

La Société Fermière du Casino Municipal de Cannes (SFCMC) consists of three hotels with 565 rooms, suites and cottages, two casinos and eight restaurants.

The Société Fermière du Casino Municipal de Cannes (SFCMC) includes the Hôtel Barrière Le Majestic Cannes, Hôtel Barrière Le Gray d’Albion Cannes, Hôtel Barrière Le Carl Gustaf St-Barth*, and the Casinos Barrière Le Croisette Cannes and Les Princes Cannes.

Today SFCMC consists of 3 hotels totalling 565 rooms, suites and cottages, 2 casinos (350 Slot Machines and 38 Games Tables), 8 restaurants (including three on the beach) and 9 bars, close to 100 events per year, 1 spa, 1 unique private projection room, over 700 employees and €142.1 million turnover in the 2016 fiscal year.

The Desseigne-Barrière family has a 60.51% share in SFCMC, Fimalac Développement holds a 10 % share, 23.34% is held by Casinvest** and 6.15% is public (the SFCMC is listed on the leading Euronext Paris market).

Year founded

2011

Served area

France

Headquarters

1 la Croisette, 6400 Cannes – France

Shareholder information

Shares outstanding

61,824

IPO

Dec. 14, 2011

Stock exchange(s)

Euronext Paris

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