In a still difficult health environment, outstanding first quarter performances, with revenue from the tourism businesses 2% higher than the pre-crisis level1 Regulatory News: Pierre Vacances-Center
In a still difficult health environment, outstanding first quarter performances, with revenue from the tourism businesses 2% higher than the pre-crisis level1 .
After the decline in H1 revenue related to the ongoing health crisis, the Group restored growth over the second half of the year, with revenue over the summer season higher than the summer 2019
Groupe Pierre & Vacances-Center Parcs: Third-Quarter Affected by Lower Activity Due to the Covid-19 Crisis finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.
Pierre & Vacances-Center Parcs: First Half 2020/2021 Revenue
Regulatory News:
1] First half 2020/2021 revenue
Under IFRS accounting rules, H1 2020/2021 revenue totalled €244.5 million (€158.0 million for the tourism activities and €86.5 million for the property development activities).
The Group nevertheless continues to comment on its revenue and the associated financial indicators, in compliance with its operating reporting namely:
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excluding the impact of IFRS16 application
Moreover, the operating and legal reorganisation implemented since 1 February 2021 resulting in the regrouping of each of the Group s activities into distinct and autonomous Business Lines, has led to a change in sectoral information in application of IFRS8. The main consequence for communication of the Group s revenue is the presentation of the contribution from the Adagio operating segment. The segment includes the contribution of sites leased by the PVCP Group, operated under the Adagio