Press room for First Camp Group

The annual general meeting of First Camp Group AB was held today, 16 June 2022. The resolutions passed included the following.

First Camp, Scandinavia’s largest campsite chain, increased revenues in the first quarter of 2022 by 48% vs same period in 2021, adjusted for effects from acquisitions (pro forma).

Today, First Camp publishes its annual report and sustainability report for 2021.

As separately communicated, United Camping Campsite HoldCo AB acquires Leksand Resort AB, a leading player in the hospitality industry in the Swedish region of Dalarna. The acquired company is outside of First Camp Group AB and its subsidiaries. The bond holders of First Camp Group AB are therefore not directly affected by this transaction.

First Camp publishes Year End Report 2021.

Scandinavia's largest camping chain, First Camp, has now acquired its first site in Norway. The chain already has 58 destinations in Sweden and Denmark, and has now acquired Norsjø Ferieland in Telemark, in southwestern Norway.

In connection with First Camp Group AB’s (the “Company”) successful increase of its senior secured bond with maturity in June 2023, the Company has requested an amendment to the terms and conditions with the effect that if any redemption of the bonds is funded by the net proceeds from the bonds issued on 15 December 2021, such redemption shall always be made at a premium of 102.500 per cent. and not decrease in accordance with the terms of conditions otherwise applicable to any voluntary partial redemption.

First Camp Group AB (the “Company”) has successfully increased its senior secured bond with maturity in June 2023 with SEK 325 million. The proceeds will be used to finance acquisitions.

First Camp Group AB has mandated Nordea and Pareto Securities to arrange a series of bond investor meetings starting today, December 6, in order to evaluate an additional tap issue of the bond issued in 2019 and that was increased by SEK 335 million in October 2021.

First Camp continues its growth in Scandinavia and acquires Jesperhus Feriepark, a holiday resort and campsite in Jutland, Denmark. The company has a leading position as one of the most popular holiday destinations for kids in Denmark.

First Camp continues its growth in Scandinavia and acquires Jesperhus Feriepark, a holiday resort and campsite in Jutland, Denmark. The company has a leading position as one of the most popular holiday destinations for kids in Denmark.

As announced earlier this year, a sister company to First Camp Group AB (”the Company”) acquired Frigård camping in Denmark, Boden camping in Sweden and the Swedish campsite chain Svenska Campingpärlor AB. These assets will now be acquired into First Camp Group AB.

First Camp Group AB (the “Company”) has successfully increased its senior secured bond with maturity in June 2023 with SEK 335 million. The proceeds will be used to finance acquisitions.

First Camp, Scandinavia’s largest campsite chain, is delivering a Q3 result that is higher than the same quarter in 2019, that is pre-Covid-19. Total revenues for the quarter were 291.6 MSEK, and Pro-forma adjusted EBITDA 161.4 MSEK, +32.9 MSEK vs Q3 2020 and +28.4 MSEK vs. Q3 2019, excluding effects from acquisitions.

First Camp, Scandinavia’s largest campsite chain, is delivering a Q3 result that is higher than the same quarter in 2019, that is pre-Covid-19. Total revenues for the quarter were 291.6 MSEK, and Pro-forma adjusted EBITDA 161.4 MSEK, +32.9 MSEK vs Q3 2020 and +28.4 MSEK vs. Q3 2019, excluding effects from acquisitions.

First Camp Group AB has mandated Pareto Securities and Nordea to arrange a series of investor meetings starting on October 27 regarding a tap issue of the bond issued in 2019.

First Camp Group AB's report for the third quarter of 2021 will be published on Wednesday, October 27, 2021 at around 08:00.

First Camp Group AB's report for the third quarter of 2021 will be published on Wednesday, October 27, 2021 at around 08:00.

A high-profile name in the travel industry returns to the Board of First Camp. Eivor Andersson is now returning to the Board after a break.

A high-profile name in the travel industry returns to the Board of First Camp. Eivor Andersson is now returning to the Board after a break.

First Camp has, on October 14, signed an agreement to divest real estate in connection to one of our campsites in Varberg, Sweden.

First Camp, the largest campsite chain in Scandinavia, reports record revenues in August. Total revenues for all destinations in First Camp increased by 12 percent vs. August 2019, i.e., pre-Covid-19.

First Camp, the largest campsite chain in Scandinavia, reports record revenues in August. Total revenues for all destinations in First Camp increased by 12 percent vs. August 2019, i.e., pre-Covid-19.

First Camp, Scandinavia’s largest campsite chain, increased revenues in the second quarter of 2021 by 23% vs same period in 2020, excluding effects from acquisitions (pro forma).

The camping industry is facing a bright future, thanks to the staycation trend, accelerated by the Covid-19 pandemic and strong sales of caravans and motorhomes. In 2020, First Camp, Scandinavia's largest camping chain with 40 destinations in Sweden and 6 in Denmark, gained market share thanks to large investments in the product and digitization.

As separately communicated, United Camping group has entered into binding agreements for the divestment of all its shares of Grönklittsgruppen AB (publ). The selling  company is outside of First Camp Group AB and its subsidiaries. The bond holders of First Camp Group AB will therefore not be directly affected by this transaction.

In an Extra General Meeting on 15 July, the shareholders of Grönklittsgruppen AB (publ) approved the proposal to divest the company’s camping business, Svenska Campingpärlor AB and related assets, to the United Camping group of which First Camp Group AB is part. The acquiring company is outside of First Camp Group AB and its subsidiaries. The bond holders of First Camp Group AB will therefore not be directly affected by this transaction.

Sweden’s and Scandinavia’s two largest camping chains – First Camp and Svenska Campingpärlor – are merging. The new combined chain comprises a total of 55 destinations in Scandinavia and will generate a turnover of almost SEK 700 million in a normal year.

Business on the books for First Camp, the largest campsite chain in Scandinavia, for July-August is currently 25 percent higher than in 2020, and 13 percent higher than 2019, which was a record year.

Business on the books for First Camp, the largest campsite chain in Scandinavia, for July-August is currently 25 percent higher than in 2020, and 13 percent higher than 2019, which was a record year.

The annual general meeting of First Camp Group AB was held today, 28 June 2021. The resolutions passed included the following.

The shareholders of Grönklittsgruppen AB (publ) are summoned to an Extra General Meeting regarding the divestment of the company’s camping business, Svenska Campingpärlor AB and related assets, to the United Camping group of which First Camp Group AB is part. The acquiring company is outside of First Camp Group AB and its subsidiaries. The bond holders of First Camp Group AB will therefore not be directly affected by this transaction.

Today, June 17, Ian Poppelman has at an extra general meeting been elected to the board of First Camp Group AB. Ian is Investment Manager at Norvestor Advisory AS, the investment advisory firm that represents First Camp Group AB's main owner Norvestor VII L.P.

To clarify and simplify communication with investors, guests and partners, the company's name is now changed from United Camping AB to First Camp Group AB. This due to that the company's primary brand is First Camp in all of its operating markets.

To clarify and simplify communication with investors, guests and partners, the company's name is now changed from United Camping AB to First Camp Group AB. This due to that the company's primary brand is First Camp in all of its operating markets.

First Camp, Scandinavia’s largest campsite chain with its parent company United Camping AB, increased revenues in the first quarter of 2021 by 24% vs same period in 2020, excluding effects from acquisitions (pro forma).

First Camp, Scandinavia’s largest campsite chain with its parent company United Camping AB, increased revenues in the first quarter of 2021 by 24% vs same period in 2020, excluding effects from acquisitions (pro forma).

The annual report and annual statement of United Camping AB, with the brand First Camp, for 2020 have been published today, April the 28th. The annual statement includes an overview of the camping market, a summary about First Camp’s sustainability work as well as CEO comments for the year.

As separately communicated, United Camping Bidco AB has entered into further binding agreements for the acquisition of shares of Grönklittsgruppen AB (publ). The acquired company is outside of United Camping AB and its subsidiaries. The bond holders of United Camping AB will therefore not be directly affected by this transaction.

As separately communicated, United Camping Bidco AB has entered into a binding agreement for the acquisition of 39.7 percent of the shares of Grönklittsgruppen AB (publ), a leading operator within the hospitality industry. The acquired company is outside of United Camping AB and its subsidiaries. The bond holders of United Camping AB will therefore not be directly affected by this transaction.

First Camp, Scandinavia’s largest campsite chain with its parent company United Camping AB, reached 378 million SEK in revenues in 2020 (-1% vs 2019). Excluding effects from acquisitions (proforma) revenues decreased by 16%, which is substantially less than for many other players in the travel industry. Also, First Camp gained market share in the camping market.

First Camp, Scandinavia’s largest campsite chain with its parent company United Camping AB, reached 378 million SEK in revenues in 2020 (-1% vs 2019). Excluding effects from acquisitions (proforma) revenues decreased by 16%, which is substantially less than for many other players in the travel industry. Also, First Camp gained market share in the camping market.

Scandinavia’s largest campsite chain, First Camp, plans to pursue large investments ahead of the 2021 season. Recently Frigård camping in Denmark was acquired, which becomes First Camp’s 45th destination. Furthermore, large investments are planned to upgrade First Camp’s existing campsites. The total investment amount is approx. 130 MSEK.

Scandinavia’s largest campsite chain, First Camp, plans to pursue large investments ahead of the 2021 season. Recently Frigård camping in Denmark was acquired, which becomes First Camp’s 45th destination. Furthermore, large investments are planned to upgrade First Camp’s existing campsites. The total investment amount is approx. 130 MSEK.

On 5 December 2019, United Camping, the parent company of First Camp Group, issued senior covered bonds in the amount of SEK 700 million within a total framework amount of SEK 1,500 million. United Camping has received approval for listing of the bond on Nasdaq Stockholm.

Summary of the second quarter for United Camping.

Summary of the first quarter for First Camp.

First Camp is increasingly targeting the Danish market. The campsite chain acquires four Danish campsites and recruits an experienced Regional Manager, well ahead of the summer season of 2020. Thereby First Camp becomes Denmark’s largest camping chain. ”This is only the beginning of our growth journey in Denmark,” says First Camp’s CEO Johan Söör.