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on COMPAGNIE DES ALPES (EPA:CDA)

Significant increase in turnover for Compagnie des Alpes

Stock price chart of COMPAGNIE DES ALPES (EPA:CDA) showing fluctuations.

Compagnie des Alpes announced an 11.6% increase in revenue during the first half of the 2024/25 financial year, reaching €849.5 million. This growth amounts to 7.9% on a comparable basis. The leisure parks division recorded a significant increase of 32.8%. Ski areas and outdoor activities posted growth of 5.5%.

Distribution and hospitality activities grew by 6.1%, with a particular focus on margins. At the same time, an amendment was signed, extending the operation of Serre Chevalier until 2034, and the Belantis leisure park was acquired, marking an expansion into Germany.

Finally, Travelski, a subsidiary of the Company, plans to launch a night train service between Paris and Bourg-Saint-Maurice, in collaboration with Pegasus Trains, aimed at improving access and reducing the carbon footprint of transport to the French Alps.

R. H.

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