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Pierre et Vacances
Pierre et Vacances (VAC) investor relations material
Pierre et Vacances AGM 2026 summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.AGM 2026 summary12 Feb, 2026
Opening remarks and agenda
The meeting was held at Handilab, highlighting the group's commitment to inclusion and accessibility.
The agenda included a review of the past fiscal year, financial results, strategic initiatives, and a focus on disability inclusion.
All board members and auditors were present, and the bureau was duly constituted.
Financial performance review
Revenue grew 4% in tourism, reaching nearly €2 billion, with EBITDA at €181 million and net profit at €41 million, up 41%.
Operational cash flow was €74 million, and net cash position improved to €45 million.
The group completed a major debt refinancing, repaying €328 million and achieving a robust financial structure.
Occupancy rates reached 74%, with positive trends in bookings for 2026.
Board and executive committee updates
Diane Gelac was appointed as the new CFO, following a successful financial restructuring.
The board emphasized a new phase focused on growth and value creation, with a leadership team aligned to the 2030 plan.
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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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