HOMAIR VACANCES : BOOKINGS AS AT MARCH 31st, 2010
HOMAIR Vacances is selling vacation stays in c. 6,500 owned mobile-homes vs. 6,100 for the 2009 season (i.e. c.7% growth of the portfolio as of today). These are located over 100 campsites, among which 21 are own sites, with an exclusive focus on quality sites, and a presence in France, Spain, Italy, Croatia and Portugal.
By the end of March 2010, based on the October 1st until March 31st period, which usually generates slightly over 50% of total yearly bookings, HOMAIR Vacances has recorded EUR 30.6 million of booked sales (including VAT), up 10.5% vs. the same period during the last fiscal year.
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.
Half-year results will be communicated on May 12th, 2010. Based on the seasonality of the HOMAIR Vacances business, they will show a loss, as sales are accounted during the second half of the year while costs are spread over twelve months.
Next press release :
Half year results: May 12th, 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 :
- Communiqué sur comptes, résultats, chiffres d'affaires Communiqué intégral et original au format PDF :
Recevez gratuitement par email les prochains communiqués de la société en vous inscrivant sur www.actusnews.com
Receive by email the next press releases of the company by registering on www.actusnews.com, it's free