from COMPAGNIE DES ALPES (EPA:CDA)
CDA - New PSD at Pralognan-la-Vanoise
DELIBERATION BY THE PRALOGNAN-LA-VANOISE TOWN COUNCIL
APPROVING THE CHOICE OF COMPAGNIE DES ALPES TO SIGN A NEW 25 YEARS PUBLIC SERVICE DELEGATION AGREEMENT
Paris, Jully 15, 2025 – (Unaudited figures)
Compagnie des Alpes announced today that its bid has been selected by the municipal council of the commune of Pralognan-la-Vanoise (Savoie) for the award of the public service delegation contract for the development and operation of its mountain area (alpine ski area, Nordic ski area and reservation center). The term of the contract is 25 years. This is a new public service delegation contract for Compagnie des Alpes.
Dominique Thillaud, Chief Executive Officer of Compagnie des Alpes, commented: "We would like to thank the commune of Pralognan-la-Vanoise for its confidence. It is a great source of pride for Compagnie des Alpes, and its teams, that our project has been selected to operate this magnificent ski area for the next 25 years. It's also a great endorsement of our expertise in mountain areas and our commitment to meeting the needs of our local communities.”
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Pralognan-la-Vanoise, the main gateway to the Vanoise National Park, is an exceptional resort nestled between the Tarentaise ski areas at an altitude of 1,400 meters. Known as the “Little Chamonix”, this charming village-resort has a year-round population of around 740 and over 9,600 beds. Thanks to its exceptional location, Pralognan-la-Vanoise has been able to develop an economic activity outside the winter season, with over 40% of its annual visitor numbers (in terms of overnight stays) concentrated in the summer months.
The Pralognan-la-Vanoise ski area rises to an altitude of 2,400 meters and today includes 26 kilometers of downhill skiing (31 trails), 27 kilometers of cross-country skiing trails and hundreds of hiking itineraries in summer. The site's geographical and climatic specificities mean that the ski area benefits from exceptional, long-lasting cold and snow conditions[1].
The new public service delegation contract will take effect on 1 November 2025. According to the Group's estimates, the integration of this new site will add around €300m to Compagnie des Alpes' backlog[2] (cumulative sales over the duration of the contract).
David Ponson, Director of Compagnie des Alpes' Ski Areas and Outdoor Activities division, comments: "With this new public service delegation, the Group is extending its presence in mountain areas. Pralognan-laVanoise, a region of diversified experience, has many assets that often complement those of our other areas. We are delighted to welcome the domain's employees to our Group. Thanks to our expertise, we hold all the cards to strengthen and develop the destination's appeal.”
Upcoming releases in 2024/2025:
• 2024/25 3rd quarter sales: Tuesday, July 29, after stock market
• 2024/25 4th quarter sales: Tuesday, October 28, after stock market
• 2024/25 annual results: Tuesday, December 2, before stock market
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ABOUT LA COMPAGNIE DES ALPES As a major player in the leisure industry, Compagnie des Alpes (CDA) has been shaping the leisure experience for millions of people throughout Europe for over 35 years. Our goal? To enable everyone to reconnect with themselves and with others by experiencing exceptional moments in extraordinary places. Regularly rewarded for the quality of its offering and the unique concepts it develops, CDA innovates to surprise and delight its customers. Today, CDA has 6300 employees, 10 of the finest mountain resorts in the Alps, 12 renowned leisure parks, outdoor mountain activities, the co-leader in 5-a-side soccer and the leader in padel... It is also the 1st real estate network in the Alps and the 1st French mountain tour operator. Concerned with the balance of the regions in which it operates, CDA acts both in favor of their vitality and quality of life, and as a driving force behind the ecological transition. The Group believes in the virtues of dialogue with its stakeholders and respect for local and regional specificities. It therefore channels its capacity for innovation into the search for tailor-made or scalable solutions, to preserve these extraordinary spaces over the long term. The Group is committed to achieving Net Zero Carbon (scope 1 and 2) by 2030. ► Ski Areas and Outdoor Activities: La Plagne, Les Arcs, Peisey-Vallandry, Tignes, Val d’Isère, Les Menuires, Méribel, Serre Chevalier, Flaine, Samoëns – Morillon – Sixt-Fer-à-Cheval, Evolution 2 ► Leisure Parks: Parc Astérix, FuturoscopeXperiences, Walibi Rhône-Alpes, Grévin Paris, France Miniature, Walibi Belgium (Belgium), Aqualibi (Belgium), Bellewaerde Park (Belgium), Bellewaerde Aquapark (Belgium), Walibi Holland (The Netherlands), Familypark (Austria), Chaplin’s World (Switzerland), Bellantis (Germany), Groupe Urban (Urban Soccer / Padel) ► Distribution and Hospitality: Travelfactory (Travelski, Yoonly…), Mountain Collection Immobilier (Real Estate Agencies), MMV, les résidences YOONLY&FRIENDS ► Transversal expertise: Ingelo, CDA Management, CDA Développement
ISIN: FR0000053324 ; Reuters : CDAF.PA; FTSE: 5755 Recreational services CDA is a member of the Global Sustainabilty Ski Alliance
Compagnie des Alpes: Alexia CADIOU – Group CFO: +33 1 46 84 88 97 alexia.cadiou@compagniedesalpes.fr Sandra PICARD – Head of Communications, Brand & CSR +33 1 46 84 88 53 sandra.picard@compagniedesalpes.fr Alexis d’ARGENT – Head of Investor Relations +33 1 46 84 88 79 alexis.dargent@compagniedesalpes.fr
eCorpus: Xavier YVON – press relations: +33 6 88 29 72 37 xavier.yvon@corp-us.fr |
CDA is included in the CAC All-Shares, CAC All-Tradable, CAC Mid & Small and CAC Small.
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[1] According to the results of the Climsnow study (September 2024), which presents the theoretical evolution of snow cover in the ski area up to 2050 according to different global warming assumptions.
[2] The backlog is the cumulative ski lift sales estimated by the Group for the residual term of the existing public service delegations in the ski areas.
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