1) Bookings as of May 31st, 2010
Booking statistics for the 2010 season indicate a 10.9% growth of booked sales as of May 31st vs. the same 8-months period last year (October to May).
While seasonality patterns of the bookings cycle do not allow to extrapolate yet these results into a 12-months level, the current trading level is in line with HOMAIR Vacances' target of c.10% sales growth for 2010.
2) Acquisition of a campsite in Southwestern France
HOMAIR Vacances has just closed the acquisition of the Camping de L'Univers. Located in Lit-et-Mixte, at the heart of the Landes region, this 4* site includes 300 pitches and complements well the current portfolio owned by the Group.
The timetable of this transaction implies that its full P&L impact will only be felt from 2011 onwards.
Next press release:
End of August bookings: September 2nd, 2010 (after market closes)
ISIN code: FR0010307322
Corporate website: www.homair-finance.com
E-commerce website: www.homair.com
Homair Vacances: a leading specialist in mobile-home holidays
The Group is the French leader of the mobile home holiday market in which it operates exclusively. In 2009, the Group reported revenue of ¤42.7 million, achieving a 33% growth over the past year. For the 2009 season the Group has offered holidays in 6 100 mobile-homes spread across 102 selected or company-operated campsites.
A total of 92% of these stays is sold directly to customers via the Internet, catalogues and the telephone. Internet sales accounted for 63% of direct bookings in 2009, compared to around 34% in 2004.
The Company has leveraged its French customer base to expand its holiday parks offer in major Southern European countries (Spain, Italy, Portugal and Croatia), where it generated 25% of its revenue in 2009. It also sells holidays in Great Britain, Belgium, the Netherlands, Germany, Denmark Italy and Spain.
Note: fiscal year-end is September 30th ("year n" refers to fiscal year ended September 30th, n).Information réglementée
Communiqués au titre de l'obligation d'information permanente :
- Activité de l'émetteur (acquisitions, cessions...) Communiqué intégral et original au format PDF :
http://www.actusnews.com/documents_communiques/ACTUS-0-20088-communiqu-03jun10-uk.pdf © Copyright Actusnews Wire
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