Brief: Pierre Et Vacances FY Current Operating Profit Down At 9.1 Million Euros

Pierre Et Vacances SA

21/11/2018 21:00

Nov 21 (Reuters) - PIERRE ET VACANCES SA  PVAC.PA :
    * FY NET LOSS GROUP SHARE EUR ‍​45.9 MILLION VERSUS LOSS EUR
56.7
MILLION YEAR AGO
    * FY CURRENT OPERATING PROFIT EUR ‍​9.1 MILLION VERSUS EUR
12.4
MILLION YEAR AGO
    * FY REVENUE EUR 1.52 BILLION VERSUS EUR 1.51 BILLION YEAR
AGO
    * NET DEBT STANDS AT EUR 247.7 MILLION AT SEPTEMBER 30, 2018
    * NEWLY ADOPTED 2022 STRATEGIC PLAN WILL BE CONTRIBUTORY AS
OF
2018/19 FINANCIAL YEAR
    * THIS PLAN SHOULD LEAD TO INCREASE IN CO'S RESULTS OVER
NEXT FOUR
FINANCIAL YEARS
    * CO'S OBJECTIVE IS RETURN TO SUSTAINABLE PROFITABILITY,
ALLOWING
RESUMPTION OF DISTRIBUTION OF DIVIDENDS

Source text for Eikon: [ID: nNDL4VGBcg]
Further company coverage:  PVAC.PA 

 (Gdynia Newsroom)
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 09 20;))