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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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Latest events from Pierre et Vacances
- Tourism revenue up nearly 7%, with higher occupancy and key strategic expansions.VAC
Q1 2026 TU22 Jan 2026 - First net profit in 13 years, record EBITDA, and all segments profitable with strong outlook.VACQ4 202412 Jan 2026
- Revenue, profit, and cash flow rose; FY 2026 EBITDA guidance set at €185 million.VACQ4 20254 Dec 2025
- Slight H1 revenue dip, but strong H2 bookings and EBITDA above €180M expected.VACQ2 202526 Nov 2025
- Q3 tourism revenue surged 12.2% year-over-year, driving improved full-year EBITDA guidance.VACQ3 202528 Jul 2025
- Q3 tourism revenue up 12.2% year-over-year, with EBITDA guidance raised above €180 million.VACQ3 2025 TU24 Jul 2025
- Revenue up 5% year-over-year; EBITDA guidance raised amid resilient summer bookings.VACQ3 202413 Jun 2025
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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