The Caterer
Jacobs Media Group is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

Center Parcs expects poor results

24 February 2005 by

Holiday village operator Center Parcs has warned of poorer-than-expected trading figures for 2004-05.

In a statement issued today, the company said that its sales had been below directors' expectations since start of the second half of the financial year (8 October).

Center Parcs, which operates four leisure villages in England, cited two factors for the slump.

First, it pointed to the one-week closure of its Oasis Whinfell complex, in Cumbria, in January because of flooding and high winds.

Second, Christmas fell on a weekend last year, resulting in lower occupancy levels over the festive period than in recent years.

The company's latest trading update is its last before it switches from the Alternative Investment Market to the London Stock Exchange on 1 March.

by Tom Bill

Buy this week's Caterer magazine for more industry news and analysis

The Caterer Breakfast Briefing Email

Start the working day with The Caterer’s free breakfast briefing email

Sign Up and manage your preferences below

Check mark icon
Thank you

You have successfully signed up for the Caterer Breakfast Briefing Email and will hear from us soon!

Jacobs Media Group is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

The highest official awards for UK businesses since being established by royal warrant in 1965. Read more.

close

Ad Blocker detected

We have noticed you are using an adblocker and – although we support freedom of choice – we would like to ask you to enable ads on our site. They are an important revenue source which supports free access of our website's content, especially during the COVID-19 crisis.

trade tracker pixel tracking