Pierre & Vacances Shares Climb 5.28% Mid-Session After Annual Results

Strong Annual Performance and Positive Outlook

The local tourism specialist revealed on Thursday a net result of 40.6 million euros for the fiscal year 2024-2025, up from 28.7 million the previous year, marking a return to profitability for the second consecutive year. The adjusted EBITDA increased by 3.9% to 181.1 million euros, aligning with the group's target of over 180 million euros. The revenue amounted to 1.94 billion euros, up from 1.91 billion in the previous fiscal year. The stock had already jumped nearly 10% on Thursday, applauding these performances and notably a significant increase in the booking portfolio for the first semester of 2025-2026, which represents more than two-thirds of the budgeted target. The share now shows a weekly increase of 11.72% and 11.15% over three months, bringing its annual performance to 29.73%, significantly outperforming the CAC 40, which has gained 11.58% over the same period. Trading volumes remain moderate this Friday with 0.15% of the capital traded, indicating a gradual positioning by investors. The group confirms its forecast of an adjusted EBITDA of 185 million euros for the fiscal year 2026, reinforcing confidence in the ongoing recovery trajectory. From a technical perspective, the current price at 1.754 euros is above its 50-day (1.62 euros) and 200-day (1.57 euros) moving averages, confirming a medium-term bullish trend. The Relative Strength Index at 64 indicates a positive momentum without overbought conditions, allowing room for further movement. The stock is currently testing its resistance at 1.78 euros, a breakthrough of which could pave the way for new highs. The MACD displays a positive histogram at 0.01, signaling a potential for continued bullish momentum after the recent signal line crossover.