Pierre & Vacances : S2 très impacté par le COVID – Liquidité satisfaisante – Le T4 sera crucial
>Impact COVID-19 limité au S1 – Situation de liquidité rassurante - La réunion de présentation des résultats semestriels a apporté quelques précisions sur la rentabilité du S1 (pour rappel, ROC S N-20 à -125.6 M€, s’est dégradé de -14.1M€ par rapport au S1 19), pénalisée par une forte saisonnalité ainsi que par les premiers impacts de la crise sanitaire : 1/ En Tourisme : le ROC ressort à -116.7 M€ soit -12.4 M€ vs S1 19. Hors impact COVID-19 (30 M€ sur le ROC et -31 ...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.
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