Pierre & Vacances: confirms full-year forecasts
' This growth concerns all the Group's brands and destinations. It is driven both by an increase in average sales prices (+8.8%), benefiting in particular from the upmarket positioning of our sites, and by a rise in the number of nights sold (+3.8%) ' says the Group.
These performances support the Group's financial forecasts for the 2022/2023 financial year. The Group is targeting adjusted EBITDA in excess of 130 million euros and operating cash flow generation in excess of 50 million euros.
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