Pierre & Vacances SA announced revenue results for the second quarter and first half ending 30 September 2017. For the quarter, the company reported total revenue of EUR 323.8 million against EUR 318.5 million a year ago.

For the period, the company reported total revenue of EUR 614.7 million against EUR 585.5 million a year ago.

In view of the portfolio of reservations to date, the group is forecasting like-for-like growth in tourism revenue during third quarter of 2017 compared with the year-earlier period. Revenue from property development revenue in third quarter of 2017 is set to be lower than that seen in third quarter of 2016 in line with the phasing of property programmes.