Holiday resort group Pierre & Vacances - hit by COVID crisis - eyeing strengthening its finances

Pierre Et Vacances SA

26/01/2021 07:39

PARIS, Jan 26 (Reuters) - French holiday resort company
Pierre & Vacances  PVAC.PA , one of many companies in the
tourism sector to have been hit hard by the COVID-19 pandemic,
said on Tuesday it was considering strengthening its financial
position to cope with the crisis.
    "As demonstrated by its post-lockdown performances last
summer, the group has structural strengths that will enable it
to bounce back very quickly as soon as health conditions allow
the reopening of its tourist sites," added the company in a
statement.

 (Reporting by Sudip Kar-Gupta, editing by Louise Heavens)
 ((sudip.kargupta@thomsonreuters.com; +33 1 49 49 53 84;))