Brief: Compagnie Des Alpes FY Sales At EUR 958.5 Mln

Compagnie des Alpes SA

20/10/2022 17:06

Oct 20 (Reuters) - Compagnie des Alpes SA  CDAF.PA :
    * YEAR 2018/19 NET CARBON NEUTRALITY PLAN APPROVED 
    * SALES FOR FINANCIAL YEAR 2021/22 UP BY 17.8% OVER
FINANCIAL
    * OUTLOOK: GIVEN THE SALES GENERATED IN FINANCIAL YEAR
2021/22,
EBITDA SHOULD BE HIGHER THAN THE LEVEL ACHIEVED IN REFERENCE
YEAR 2018/2019
    * GROUP SALES FOR 4TH QUARTER ROSE BY 17.9% COMPARED WITH
SAME
PERIOD IN FINANCIAL YEAR 2018/19
    * OUTLOOK: EXPECTS THAT THE IMPACT OF HIGHER ENERGY COSTS ON
ITS
ANNUAL RESULTS FOR FINANCIAL YEAR 2021/22 WILL BE RELATIVELY
MINOR, IN LINE WITH THE IMPACT REPORTED ON ITS INTERIM FINANCIAL
DISCLOSURES
    * FOR FINANCIAL YEAR AS A WHOLE, COMPAGNIE DES ALPES REPORTS
CONSOLIDATED SALES OF EUR 958.5 MILLION, AN INCREASE OF 17.8%
COMPARED WITH FINANCIAL YEAR 2018/19
    * OUTLOOK: THE GROUP IS NOW ABLE TO SPECIFY THAT THE ANNUAL
NET
INVESTMENT BUDGET SHOULD COME IN AT AROUND €175 MILLION
    * FOR FINANCIAL YEAR 2021/2022, CONTRIBUTION OF LEISURE
PARKS TO
GROUP'S ANNUAL SALES EXCEEDS THAT OF SKI AREA DIVISION

Source text for Eikon:  ID:nNDLZmbRr 
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