Pierre & Vacances has published sales of 429.8 ME for the 3rd quarter, up 12% on the same period a year earlier.

For the first nine months of the year, sales came to 1171 ME, compared with 1038 ME twelve months ago.

Business was boosted in particular by the "revenge tourism" phenomenon following the Covid period, says Pierre & Vacances.

The Group confirms its forecasts for the 2022/2023 financial year, revised upwards on April 18, 2023, with:
- Tourism sales of over €1,700 million,
- Group adjusted EBITDA of over €130 million
- Operating cash flow generation of over €50 million.

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