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Pierre et Vacances
Pierre et Vacances (VAC) investor relations material
Pierre et Vacances Q1 2026 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q1 2026 TU earnings summary22 Jan, 2026
Executive summary
Economic revenue from tourism businesses increased by nearly 7% in Q1 2025/2026, reflecting strong demand and successful site openings and extensions.
Customer satisfaction and occupancy rates improved, with overall occupancy nearing 70% and mountain destinations exceeding 84%.
Strategic initiatives included the maeva acquisition of Camping Paradis and Ushuaïa Villages, a new Center Parcs loyalty program, and partnerships with Sergic Group and Swisspeak Resorts.
Financial highlights
IFRS revenue for Q1 2025/2026 was €387.3 million, up 4.0% year-over-year; economic revenue reached €404.0 million, up 2.4%.
Tourism economic revenue rose 6.8% to €397.2 million, with accommodation revenue up 7.3% to €313.2 million.
Supplementary income increased 5.0% to €84.0 million.
Outlook and guidance
Tourism bookings for Q2 2025/2026 are ahead of the previous year, driven by higher letting rates and volumes.
A strategic review is ongoing, including discussions with potential investors that may affect the shareholding structure.
Assess maeva's leading franchisor position
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Operating profit rose on cost savings and high-value sales, with major US expansion underway. - 6 FebJOUT
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AI-driven digital twins and accelerated computing are set to revolutionize industrial design and manufacturing. - 6 FebCDP
2025 FFO/share rose 5.8% to $2.72, with strong leasing and investment; 2026 guidance signals more growth. - 6 FebCRI
Q1 2025 saw record revenue, a return to profit, and major new contracts in space technology. - 6 FebCRINet loss widened to 7.5m PLN in H1 2024 as revenue fell and R&D costs remained high.
- 6 FebCRINet loss deepened on lower sales and higher costs, but major new contracts and restructuring are underway.
Next Pierre et Vacances earnings date
Q2 2026 TU23 Apr, 2026
Pierre et Vacances
Next Pierre et Vacances earnings date
Q2 2026 TU23 Apr, 2026
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Frequently asked questions
Pierre et Vacances SA is a French company specializing in tourism and holiday accommodation, operating under brands such as Pierre & Vacances, Center Parcs, and Adagio. The company provides vacation rentals, resorts, and holiday villages across Europe, offering a range of accommodations from self-catering apartments to full-service resort stays. Pierre et Vacances caters to family and leisure travelers, with a focus on creating relaxing and nature-oriented holiday experiences. The company’s properties are located in popular leisure destinations across France, Spain, Belgium, and the Netherlands. The company is headquartered in Paris, France, and its shares are listed on Euronext Paris.
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