France's Pierre & Vacances-Center Parcs posts higher Q1 revenue

Pierre Et Vacances SA

22/01/2026 17:00

Overview

France-based tourism group's Q1 economic revenue rises

Company's occupancy rate rose to almost 70%, with mountain destinations exceeding 84%

Maeva acquired Camping Paradis and Ushuaïa Villages franchises, expanding outdoor market presence

Result Drivers

SITE OPENINGS AND EXTENSIONS - Growth driven by successful site openings and extensions, enhancing customer satisfaction and occupancy rates

MAEVA EXPANSION - Maeva's takeover of Camping Paradis and Ushuaïa Villages franchises expanded its presence in the outdoor accommodation market

LOYALTY PROGRAM - Launch of Friends loyalty program at Center Parcs aimed at boosting customer satisfaction and repeat stays

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
EUR 387.30 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the hotels, motels & cruise lines peer group is "buy"

Wall Street's median 12-month price target for Pierre et Vacances SA is €2.25, about 24.3% above its January 21 closing price of €1.81

The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 12 three months ago

Press Release: ID:nBw9056ZDa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)