Turnover: 159.9 million EUR (2020)
Country: France
Center Parcs belongs to the Pierre et Vacanses group
It also owns the Sunparks brand, which operates 9 parks, 6 of which are located in France.
The company's positioning is different from that of Center Parcs, which targets executives, while Sunparks' offering is aimed more at the "working class".
News
A Center Parcs opens every two years 19/09/2023
- Four main brands: Pierre & Vacances, Center Parcs, Maeva and Adagio.
- Opening of a Center Parcs every two years: next in Denmark in 2025, then probably in Germany in 2027.
- Plans to develop in Italy, where the Group is not present.
- Discussions for around 80 projects, with a target of 2,900 new accommodations by 2026 for Pierre & Vacances.
- Plans for around 80 new aparthotels for Adagio.
- An investment of 65 million euros for the renovation of Center Parcs Eifel in Germany
- Priority given to asset-light development through management contracts or franchises.
Center Parcs Europe sales fell by 70%, but bookings rose. 03/06/2021
- Center Parcs Europe sales for the first half of the 2020-2021 financial year, which ended at the end of March, totaled 244.5 million euros, compared with 628.7 million euros for the previous year.
- Center Parcs Europe reports a 70.9% drop in sales
- The Group still considers it "more representative" to exclude the new IFRS 11 and 16 accounting standards, which led it to report a 57.3% drop in sales to 297.2 million euros over the period.
- Net financial debt almost doubled to €644.7 million at end March 2021, compared with €330.6 million at end September 2020.
june 3, 2021 - Center Parcs is slowly recovering - source(Capital)
- More than 70% drop in Center Parcs Europe sales with the pandemic (244.5 million euros for 2020-2021 vs. 628.7 million for the 2019-2020 financial year)
- Booking volumes in May 2021 higher than in May 2019 (tripled in May compared with previous months)
- Increasing debt for the Pierre et Vacances Group (644.7 million euros at the end of March 2021, double that of September 2020)
- Fundraising planned (first part of 175 million euros in 2021)
may 18, 2021 - Center Parcs wants a facelift(Capital)
- Investment of 430 million euros by Pierre et Vacances over five years, of which 60% for Center Parcs
- 2025 sales target of 1.83 billion euros (80% generated by Center Parcs)
- Towards a more qualitative and greener offer
- Loss-making for 9 years
- current occupancy rate 72%, target 80%
Financial Data
DUNS: 508321213
Legal Name: CP HOLDING
Address: 11 RUE DE CAMBRAI L' ARTOIS ESPACE PONT DE FLANDRE, 75019 PARIS
Number of employees: Entre 50 et 99 salariés (2021)
Capital: 86 049 830 EUR
Financial Data:
| Year | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|
| Turnover | 69 181 713 | 70 575 224 | 34 977 285 | 159 990 630 | 222 542 053 | 206 568 515 | 182 567 013 | 160 159 622 |
| Gross margin (€) | 69 615 110 | 70 637 043 | 35 027 452 | 157 025 513 | 218 700 514 | - | 181 159 503 | - |
| EBITDA (€) | 20 874 053 | 15 963 401 | -3 267 460 | -25 662 919 | -2 915 939 | - | 5 816 542 | - |
| Operating profit (€) | 21 210 412 | 15 703 725 | -3 331 655 | -28 807 060 | -5 419 786 | - | 2 356 209 | - |
| Net profit (€) | -1 598 310 | -29 587 858 | -33 468 814 | -37 994 847 | -6 992 582 | -7 822 526 | 457 101 | -3 859 410 |
| Turnover growth rate (%) | -2 | 101,8 | -78,1 | -28,1 | 7,7 | - | 14 | - |
| Ebitda margin rate (%) | 30,2 | 22,6 | -9,3 | -16 | -1,3 | - | 3,2 | - |
| Operating margin rate (%) | 30,7 | 22,3 | -9,5 | -18 | -2,4 | - | 1,3 | - |
| Working Capital (turnover days) | 131,3 | 221,2 | 278,1 | -77,3 | 6,1 | - | 40,6 | - |
| Working Capital requirements (turnover days) | 129,5 | 245,8 | -39 | -89,7 | -111,7 | - | -132,6 | - |
| Net margin (%) | -2,3 | -41,9 | -95,7 | -23,7 | -3,1 | - | 0,3 | - |
| Added value / Turnover (%) | 45,5 | 31,6 | 5,4 | 6,4 | 16,7 | - | 21 | - |
| Wages and social charges (€) | 10 305 279 | 9 136 788 | 6 384 650 | 32 566 549 | 36 229 331 | - | 29 094 290 | - |
| Salaries / Turnover (%) | 14,9 | 12,9 | 18,3 | 20,4 | 16,3 | - | 15,9 | - |
Company Managers:
| Position | First Name | Last Name | Age | |
|---|---|---|---|---|
| Directeur général | Olivier, Patrick | Garaïalde | 57 |
Studies mentioning this company
The vacation village market - France
Other companies mentioned:
- Pierre et Vacances
- Center Parcs (Pierre et Vacanses)
- ClubMed
- Belambra Clubs
- Azureva
- Villages clubs du soleil
- Ternelia
- Village Vacances France (VVF)
- Cap France
- UNAT