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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Premier Diversified Holdings Inc | TSXV:PDH | TSX Venture | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.055 | 0.005 | 0.15 | 0 | 01:00:00 |
RNS Number:0397Q Parkdean Holidays PLC 23 September 2003 Parkdean Holidays plc Trading Update and Analyst Visit Trading Update Parkdean Holidays plc, the operator of 14 UK holiday parks, today releases an update on trading following the key summer holiday season. The directors are pleased to report that trading has been highly satisfactory for the company throughout the summer at all locations. Like-for-like holiday hire revenue in company owned accommodation is up 14.3% on 2002, which has been driven by investment in new caravans and further growth in short breaks in the spring and autumn shoulder periods. All areas of the business have shown growth over 2002 and the directors are pleased with the performance of both Sea Acres and White Acres, the holiday parks acquired on 2nd May 2003. Future Prospects The directors continue to seek new acquisitions and to evaluate specific organic growth opportunities within the existing estate. The company has obtained planning consent for 70 additional static pitches at Newquay Holiday Park and intends to develop these during the winter months in readiness for the 2004 holiday season. Financially, the company remains well positioned with an acquisition facility of #32.9 million available to fund both future acquisitions and suitable organic growth projects. Our 2004 holiday brochure, featuring all fourteen of the group's parks will be launched at the end of October. We shall also be moving into larger business premises at Gosforth Business Park, Newcastle upon Tyne, providing us with substantial additional call centre capacity for handling increased volumes of direct holiday sales. Analyst Visit Parkdean Holidays plc will be holding an analyst visit to a number of parks in Cornwall on Wednesday 24 September. The purpose of the visit is to provide analysts with the opportunity to enhance their understanding of the company and its future strategy. No new information of a price sensitive nature will be disclosed during the visit. Preliminary Results Announcement The preliminary results for the year ending 31st October 2003 will be announced in January 2004. 23 September 2003 ENQUIRIES: Parkdean Holidays plc 0207 457 2020 on 23 September Graham Wilson, Chairman 0191 275 5200 thereafter John Waterworth, Managing Director Michael Norden, Finance Director College Hill 0207 457 2020 Matthew Smallwood Charles Stanley 0207 953 2000 Philip Davies This information is provided by RNS The company news service from the London Stock Exchange END TSTILFSDAFIFFIV
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