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Cie des Alpes: 9% increase in 9m sales

(CercleFinance.com) - Compagnie des Alpes has reported sales of E975.
7m for the first nine months of 2023-24, up 9.2%, thanks to an excellent winter season for its ski resorts.

Q3 sales remained virtually flat at E214.6m, penalized by an unfavorable positioning of the Easter weekend and very bad weather, which disrupted leisure parks.

Nevertheless, the group believes that its annual EBITDA target of around E350m is credible, provided that the rest of the season continues under normal operating conditions, and that the impact of the Olympic Games is no greater than it appears to be to date.


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