Structure du groupeGroup Structure
- Proprietaire : Groupe PVCP (Pierre & Vacances-Center Parcs), cote Euronext Paris (VAC)Owner: PVCP Group (Pierre & Vacances-Center Parcs), listed on Euronext Paris (VAC)
- Actionnaires majoritaires : Alcentra, Fidera, Atream via Pastel Holding (depuis restructuration 2022)Majority shareholders: Alcentra, Fidera, Atream via Pastel Holding (since 2022 restructuring)
- Revue strategique en cours (juin 2025) — possible changement d'actionnariat → fenetre d'opportuniteStrategic review underway (June 2025) — possible ownership change → window of opportunity
- UK/Ireland = entite separee (Brookfield, 6 parcs, valorise ~4-5 Mrd GBP)UK/Ireland = separate entity (Brookfield, 6 parks, valued ~4-5B GBP)
Repartition geographique (28 parcs PVCP + 2 Sunparks)Geographic distribution (28 PVCP parks + 2 Sunparks)
| PaysCountry | Nb parcsParks | ExemplesExamples |
|---|---|---|
| 🇳🇱 Pays-BasNetherlands | 9 | De Eemhof, Port Zelande, Het Meerdal |
| 🇫🇷 France | 7 | Les Trois Forets, Villages Nature Paris, Les Landes |
| 🇩🇪 AllemagneGermany | 6 | Park Allgau, Bispinger Heide, Park Eifel |
| 🇧🇪 BelgiqueBelgium | 5 + 2 Sunparks | Les Ardennes, Erperheide, Terhills |
| 🇩🇰 DanemarkDenmark | 1 | Ouvert 2025Opened 2025 |
Modele economiqueBusiness model
- Hebergement : coeur du modele (cottages/lodges, sejours courts)Accommodation: core business (cottages/lodges, short stays)
- Revenus on-site : 435.7M EUR (+5.3%) — activites (+7.2%), restauration (+5.2%), retailOn-site revenue: 435.7M EUR (+5.3%) — activities (+7.2%), F&B (+5.2%), retail
- Restauration : estimee a 8-12% du CA total (~160-230M EUR), en croissanceF&B: estimated at 8-12% of total revenue (~160-230M EUR), growing
- Immobilier : vente/gestion de cottages pour proprietaires tiers (asset-light)Real estate: selling/managing cottages for third-party owners (asset-light)
Plan "Reinvention 2025" → 2030"Reinvention 2025" Plan → 2030
- Objectif : >50 000 unites d'hebergement (+14%)Target: >50,000 accommodation units (+14%)
- 60% en modele asset-light60% asset-light model
- EBITDA cible : 270M EUR (vs 181M actuel)EBITDA target: 270M EUR (vs 181M current)
- Capex prevu : 640M EUR (75% experience client) + 260M EUR via proprietaires tiersPlanned capex: 640M EUR (75% guest experience) + 260M EUR via third-party owners
- Expansion : Espagne, Italie, Suisse (SWISSPEAK), AndorreExpansion: Spain, Italy, Switzerland (SWISSPEAK), Andorra