Pierre & Vacances: quarterly business stable overall
In IFRS terms, sales came to 372.5 million euros, up 1.1%.
In detail (in operational reporting), accommodation sales came to 292 million euros, up +1.7%, with +0.5% for Center Parcs, +13.6% for the Pierre & Vacances brand and -2.5% for Adagio.
For the 2nd quarter, the Group anticipates "a late booking dynamic", a phenomenon amplified by the current macro-economic context in Europe and the political situation in France.
' In view of an uncertain economic context in which consumer behavior is changing (increased sensitivity to local and responsible tourism, dynamic last-minute bookings, etc.), our Group has all the necessary assets to pursue its growth trajectory", commented Franck Gervais, CEO of Pierre & Vacances - Center Parcs.
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