Pierre et Vacances SA/€VAC

Pierre et Vacances shares fall as French mid-cap stocks tumble over 3% amid market turmoil following the sudden collapse of Prime Minister Sebastien Lecornu’s government.
7 hours agoLightyear AI
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About Pierre et Vacances SA

Pierre et Vacances SA is a European tourism services company headquartered in Paris, France. It operates in the tourism and real estate development industries, primarily through the brands Pierre & Vacances, Center Parcs, and Adagio. The company provides holiday residences, resorts, and other tourist accommodations. Founded in 1967 by Gérard Brémond, Pierre et Vacances has developed a unique business model combining tourism and real estate. Its operations are largely concentrated in Europe, with a significant presence in France, the Netherlands, and Germany. The company has established a strong market position by leveraging its expertise in both the tourism and real estate sectors.

Ticker

€VAC

Primary listing

PAR

Employees

13,000

VAC Metrics

BasicAdvanced
€776M
95.34
€0.02
2.24
-

Bulls say / Bears say

Q3 2024/25 tourism economic revenue rose 12.2% year-on-year (€472.6 m vs €421.2 m), driven by a 6.5% jump in average letting rates and a 2.5 ppt rise in occupancy, demonstrating robust demand across all brands (Euronext)
In FY 2023/24 the Group returned to net profit (€29 m), with adjusted EBITDA up to €174 m (more than double 2019 level) and net cash of €33 m, reflecting a successful financial turnaround and strengthened balance sheet (Business Wire)
Center Parcs Nordborg Resort, the Group’s first Scandinavian Domain with 440 cottages, opened in June 2025, marking a strategic expansion in a new market and further growth of its asset-light portfolio (Euronext)
H1 2024/25 net loss widened to €102 million vs €82.4 million a year earlier, reflecting continued first‐half seasonality and a disadvantageous calendar effect that weighs on profitability (Euronext)
Economic tourism revenue fell 3.0% in H1 2024/25 after neutralising calendar shifts, with accommodation revenue down 4.0%, underscoring the Group’s vulnerability to seasonal demand fluctuations (Euronext)
France’s sovereign rating outlook was revised to negative by Fitch, which may push up borrowing costs and tighten financing terms for French corporates like Pierre & Vacances (Reuters)
Data summarised monthly by Lightyear AI. Last updated on 5 Oct 2025.
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by CBOE Europe and Deutsche Börse.

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