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PDH Premier Diversified Holdings Inc

0.055
0.00 (0.00%)
19 Jul 2024 - Closed
Delayed by 15 minutes
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

Trading Update

23/09/2003 8:00am

UK Regulatory


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

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