SkiStar AB Half-Year Report September 2024-February 2025
From GlobeNewswire: 2025-03-19 02:00:00
SkiStar AB reported a 6% increase in net sales for the second quarter, reaching SEK 2,787 million. Operating profit rose by 13% to SEK 1,200 million. Cash flow from operating activities also increased to SEK 1,422 million. Basic and diluted earnings per share saw a 14% increase to SEK 11.84.
In the first half-year, net sales rose by 5% to SEK 3,000 million. Operating profit increased by 20% to SEK 718 million. Cash flow from operating activities reached SEK 1,705 million. Basic and diluted earnings per share amounted to SEK 6.58.
Booking volumes for the upcoming winter season 2025/26 are up by 5%, with 15% of the season’s volumes already booked. Sara Jinnerot Uggelberg has taken over as CFO. CEO Stefan Sjöstrand expressed satisfaction with the best quarterly operating profit in the company’s history due to increased visitor numbers and good winter conditions.
A conference call and web presentation will take place on Wednesday, March 19, 2025, at 10:00 a.m. CET. The presentation will be available for viewing afterward. SkiStar AB is listed on the Nasdaq Stockholm exchange and operates mountain resorts in Sweden and Norway, with a focus on creating memorable mountain experiences for guests.
Read more at GlobeNewswire:: SkiStar AB Half-Year Report September 2024-February 2025