Pierre & Vacances : The CMD supports our positive view on the stock
>Moving upmarket is at the core of the Reinvention strategy - The group held yesterday a CMD during which management renewed its financial targets out to 2026 and issued an update on the main focuses of its Reinvention strategic plan. As a reminder, the Reinvention plan is based mainly on boosting the top line through renovation and a move upmarket for the entire network, as well as streamlining the portfolio for the P&V brand, facilitating an improvement in occupancy...Pierre & Vacances is engaged in the market of local tourism by operating apartments and homes, or beds, located primarily in France (in mountain, seaside and countryside resorts, cities and the French West Indies), as well as in the Netherlands, Germany, Belgium, Italy and Spain. Co. develops its activities through two lines of business: the Property Development business (building and marketing of the residences and villages in France, Italy and Spain) and the Tourism business (operating and marketing of holidays in residences and villages under the Pierre & Vacances, Maeva, Adagio, Residences MGM, Hotels Latitudes, Center Parcs Europe and Sunparks brands).
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.