Under IFRS accounting, revenue for the first quarter of 2022/2023 totalled €351.8 million, compared with €314.2m in Q1 2021/2022.
The Group comments on its revenue and the associated financial indicators, in compliance with its operational reporting namely:
- with the presentation of joint undertakings in proportional consolidation,
- excluding the impact of IFRS16 application.
A reconciliation table presenting revenue stemming from operational reporting and revenue under IFRS accounting is presented at the end of the press release.
Revenue is also presented according to the following operating segments, as defined under IFRS 82, i.e.:
- the Center Parcs operating segment covering both operation of the domains marketed under the Center Parcs, Sunparks and Villages Nature brands, and the building/renovation activities for tourism assets and property marketing in the Netherlands, Germany and Belgium;
- the Pierre & Vacances operating segment covering the tourism businesses operated in France and Spain under the Pierre & Vacances and maeva.com brands, the property development business in Spain and the Asset Management business line (responsible notably for relations with individual and institutional lessors
Bron en hele artikel: Business Wire