Economic revenue from the tourism businesses up by almost 4% over 2024/2025, representing a fourth consecutive year of growth and bringing Group revenue1 to €1,946 million.
Adjusted EBITDA3 expected to reach more than €180 million, an increase on the previous year’s level.
(€163 million in 2023/2024, excluding the impact of non-recurring income4).
Franck Gervais, CEO of Pierre & Vacances-Center Parcs (Paris:VAC), stated:
"Against a difficult economic and political backdrop across the year, especially in France, the Group ended 2024/2025 on a fourth consecutive year of growth, driven by a near-4% increase in tourism revenue.
The summer season was robust with a 3.9% increase in revenue at our brands, underpinned by both higher average letting rates, in line with the premiumisation of our offer, and by growth in the portfolio of accommodation operated, either under lease contracts or asset-light arrangements5.
Reservations to date for the winter season are also higher across all brands.
Once again, these performances testify to the relevance of our positioning in local tourism and in the promising and dynamic holiday lodging market. They also enable the Group to confirm its guidance for full-year operating profitability and to confidently approach its ambitious profitable growth plan and expansion strategy for 2030, as unveiled during September.
Bron en hele artikel: finance yahoo
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