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Pierre et Vacances: FY 2023/24 sales E1,818m,up 1.8%

(CercleFinance.com) - FY 2023/2024 sales totaled E1,818m under IFRS (and E618.
4m in Q4), +1.8% from E1,786.5m in 2022/2023 (and E614.9m in Q4 2022/2023).

Sales of the group's brands rose by +3.7% over the full year (to E1,806.3m), benefiting from both growth in accommodation sales (+2.6%) and an increase in sales of other tourism activities (+7.7%, including +17.8% at maeva.com and almost +6% growth in on-site activities).

These performances support the Group's financial forecasts for the 2023/2024 financial year, with an EBITDA of at least E170m (or E160m excluding the impact of non-recurring income), up sharply from the previous year (E137m), it says.

When it publishes its FY 2023/2024 results on 4 December 2024, the group will also report on business for Q1 2024/2025, which continues to show a big shift towards last-minute bookings.


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