SkiStar AB reports 10% increase in net sales and 22% increase in operating profit

From GlobeNewswire: 2024-06-20 01:00:00

In the third quarter, SkiStar saw a net sales increase of 6% to 1,490 MSEK, with operating profit up to 418 MSEK, a 18% increase. For the first nine months, net sales increased by 10% to 4,340 MSEK, with operating profit reaching 1,019 MSEK, up 22%. SkiStar reports strong demand for mountain holidays in preparation for the 2024/25 winter season.

CEO Stefan Sjöstrand notes an increase in international guests contributing to higher revenues and growth across all weeks. SkiStar will hold a web presentation on June 20, 2024, at 10:00 CEST. Financial details and registration information available at the provided link for the conference and webcast. Afterward, a recorded version will be accessible online.

SkiStar AB, listed on Nasdaq Stockholm, has operations in Sweden and Norway. The company focuses on creating memorable mountain experiences for guests, developing sustainable destinations, and offering high-quality accommodations, activities, products, and services. Financial information and further details can be found at www.investor.skistar.com.



Read more at GlobeNewswire:: SkiStar AB delårsrapport september 2023-maj 2024