Compagnie des Alpes Reports Strong Fiscal Year 2023/24 Sales Growth

Compagnie des Alpes achieved annual sales of €1,239 million for the 2023/24 financial year, marking a 10.1% increase compared to the previous year. On a comparable basis, excluding the consolidation of Groupe Urban, sales rose by 8.9%. This growth was driven by strong performances across its Ski Areas & Outdoor Activities and Leisure Parks divisions despite challenging weather conditions throughout the year.

Sales in the Ski Areas & Outdoor Activities division reached €552.8 million, a 13.0% upsurge, benefiting from favorable snow conditions and strategic scheduling of school vacations. The Distribution & Hospitality division also reported positive momentum with sales increasing by 5.5% to €116.4 million, bolstered by MMV's strong performance and real estate agency reforms.

The Leisure Parks division exhibited remarkable resilience with sales of €570.1 million, a rise of 5.9% on a comparable basis. Despite adverse weather and major public events, attendance slightly increased, alongside a 5.2% improvement in average visitor spending.