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After excellent 2015/2016 results, Compagnie des Alpes prepares to step up international development

Consolidated sales of the Compagnie des Alpes group (CDA) reached €720.2mn, increasing by 4,4% versus the previous exercise. Net attributable income, Group share amounts to €33.4mn, up by a substantial +20.7%, on a comparable basis*. The Group's international expansion continued actively with the opening in April 2016 of Chaplin's World by Grévin in Switzerland.

13December2016

Domaine skiable des Arcs

The Group's consolidated turnover amounts to €720.2mn, which corresponds to +4.4% growth, on a like-for-like basis, compared with the previous financial year. This progress has been possible thanks to sustained performance of the 3 lines of business:

  • ski resorts: +3.9%;
  • leisure destinations: +4.2%;
  • international development: +44.9%.

 

 

The Group share net income has reached €33.4mn, up by a considerable +20.7% on a like-for-like basis*.

Shored up by a tried and tested economic model, the CDA now has two objectives in its sights:

  • cement its growth in Europe, and
  • speed up its development on the international stage, in Asia in particular.

After opening four new sites (Montréal, Prague, Seoul and Vevey) in as many years, Grévin international will turn its attention to improving the profitability of existing sites. The consultancy line of business will continue to expand, particularly with the Beijing 2022 Winter Olympics in mind.

 

* +11.3% in real terms.

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