Brief: Pierre Et Vacances Q1 Revenue (IFRS) Up At Eur 351.8 Mln

Pierre Et Vacances SA

17/01/2023 17:13

Jan 17 (Reuters) - Pierre et Vacances SA  PVAC.PA :
    * PIERRE & VACANCES-CENTER PARCS: Q1 2022/2023 REVENUE
    * REVENUE FROM OTHER ACTIVITIES TOTALLED EUR 47.1 MILLION IN
Q1
2022/2023, COMPARED WITH EUR 67.8 MILLION IN Q1 2021/2022
    * Q1 2022/2023 REVENUE FROM TOURISM BUSINESSES UP 19.4%
COMPARED
WITH Q1 OF PREVIOUS YEAR
    * UNDER IFRS ACCOUNTING, REVENUE FOR Q1 OF 2022/2023
TOTALLED EUR
351.8 MILLION, COMPARED WITH EUR 314.2M IN Q1 2021/2022, WITH
GROWTH OF ALMOST 18% IN TOURISM BUSINESSES
    * OUTLOOK: CURRENTLY EXPECTING FURTHER GROWTH IN REVENUE
COMPARED
WITH Q2 2021/2022 FOR ALL OF ITS BRANDS
    * OUTLOOK: IN A COMPLEX AND PARTICULARLY UNCERTAIN
MACRO-ECONOMIC
BACKDROP, GROUP IS FULLY MOBILISED TO REACH ITS STRATEGIC
TARGETS AND ESPECIALLY TO CONTROL ITS COST STRUCTURE
    * OUTLOOK: IN VIEW OF TOURISM RESERVATIONS TO DATE FOR Q2 OF
2022/2023, GROUP IS CURRENTLY EXPECTING FURTHER GROWTH IN
REVENUE COMPARED WITH Q2 2021/2022 FOR ALL OF ITS BRANDS

Source text for Eikon:  ID:nBw3Tfk07a 
Further company coverage:  PVAC.PA 
 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))