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Trades about 31% below its sector, cheaper than its peers on earnings.
Société Fermière du Casino Municipal de Cannes (SFCMC) is a French entity based in Cannes, primarily engaged in the hospitality and gaming sectors. The company's portfolio includes three hotel properties—Hôtel Barrière Le Majestic, Hôtel Barrière Le Gray d'Albion, and Hôtel Barrière Le Carl Gustaf St-Barth—collectively offering 565 accommodations, from standard rooms to suites and cottages. Additionally, SFCMC manages two casinos, the Casino Barrière Croisette and Casino Barrière Les Princes, featuring 350 slot machines and 38 gaming tables. Its operations are further complemented by eight restaurants, nine bars, and a spa facility. The company was established in 1919.
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