Brief: SkiStar Q2 Operating Profit Down At SEK 932 Mln

SkiStar AB

21/03/2023 06:43

March 21 (Reuters) - SkiStar AB  SKISb.ST :
    * Q2 OPERATING PROFIT SEK 932 MILLION VERSUS SEK 936.1
MILLION
YEAR AGO
    * REVENUE INCREASE MAINLY DUE TO INCREASED REVENUE IN
OPERATION OF
HOTELS, PROPERTY DEVELOPMENT AND EXPLOITATION SEGMENTS, AS WELL
AS IN RETAIL OPERATIONS
    * OPERATING PROFIT IN LINE WITH PREVIOUS YEAR, DESPITE
IMPACT OF
HIGHER COSTS IN BUSINESS
    * BOOKING SITUATION FOR THE WINTER SEASON IS AT A SLIGHTLY
BETTER
LEVEL THAN IN THE LAST INTERIM REPORT, THAT IS, -10 PERCENT
COMPARED WITH THE SAME PERIOD OF THE PREVIOUS YEAR
    * SEES INTEREST IN RENTING OUT PRIVATELY OWNED CABINS IS
INCREASING AMONG INDIVIDUALS COMPARED TO PREVIOUS YEARS,
ALTHOUGH NEW TREND IS DO THIS INDEPENDENTLY OF RESORTS
    * FOR THE MIDSUMMER HOLIDAY, WE ARE INTRODUCING SEVERAL NEW
ATTRACTIONS IN, AMONG OTHER PLACES, VEMDALEN, SÄLEN AND TRYSIL
    * AGREED OPERATING INVESTMENTS FOR THE NEXT BUSINESS YEAR
AMOUNT
TO SEK  598 MILLION

Source text for Eikon:  ID:nGNE6KV1PF 
Further company coverage:  SKISb.ST 

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