SkiStar: Reports profit despite pandemic, shares up

SkiStar AB

17/06/2021 10:58

** Shares in SkiStar  SKISb.ST  rise 3% and pare earlier
gains of as much as 8% after the Swedish leisure and recreation
company's net result swings to profit despite the ongoing
COVID-19 pandemic  urn:newsml:reuters.com:*:nFWN2NY0WX
    ** The company posts Q3 net result swinging to profit of SEK
39 million ($4.58 million), up 497% from a year ago when it was
hit by the pandemic's outbreak 
    ** SkiStar reports continued stable SkiPass sales in Sweden
during the past winter season and a positive accommodation
booking in comparison with last year
    ** It also says it expects a positive trend ahead of the
winter of 2021/22
    
    



($1 = 8.5099 Swedish crowns)

 ((marta.frackowiak@thomsonreuters.com))