Report
Hela Zarrouk ...
  • Johanna Jourdain

Pierre & Vacances : CA T3 en baisse de 70.5% – Tendances encourageantes au T4 chez P&V et CP - OC ajusté à 20 €

>CA T3 en baisse de 70.5% à 109.6 M€, meilleur qu’attendu - P&V publie un CA T3 20 (avril-juin), qui ressort meilleur qu’attendu, en recul de 70.5% y-o-y à 109.6 M€ (ODDO BHF : 42.1 M€e), fortement impacté par la crise sanitaire avec la fermeture de tous les sites sur 2 mois et une reprise progressive en juin. La différence avec nos estimations s’explique par une performance meilleure qu’attendu en immobilier. Par division, nous retenons : 1/ le CA Tourisme au T3 ress...
Underlying
Pierre & Vacances SA

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).

Provider
Oddo BHF
Oddo BHF

​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.

Analysts
Hela Zarrouk

Johanna Jourdain

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