Center Parcs seeks listing on Stock Exchange

27 July 2004
Center Parcs seeks listing on Stock Exchange

Leisure group Center Parcs wants to list its shares on the London Stock Exchange by the end of the financial year.

The news follows the publication of its first results since floating on the Alternative Investment Market in December 2003.

In the year to 22 April, the company reported a pre-tax profit of £24m on sales of £228m. It also maintained occupancy rates of above 90% at its four villages in the UK.

It is currently looking for a site to build a fifth village.

Holiday firm First Choice has launched an international leisure chain, called Holiday Village. It has opened two resorts in the Costa del Sol, Spain, and Lanzarote, Canary Islands, and will follow these with another two in Majorca and Dalaman, Turkey, next year.

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