Sweden's SkiStar beats Q4 sales estimates, operating loss narrows

SkiStar AB

30/09/2026 06:14

Overview
Sweden mountain tourism group's Q4 sales rose 29%, beating analyst expectations
Q4 operating loss narrowed 12% from prior year
Board proposed dividend of SEK 3.50 per share

Outlook
Company says booking volumes for winter season 2026/27 are up 3% year-on-year

Result Drivers
RESORTS REVENUE - Mountain Resorts segment reported 36% jump in revenue to SEK 216 million
POSITIVE FOREX IMPACT - Co said changes in the NOK/SEK exchange rate had a positive effect of SEK 28 million on net sales

Company press release: ID:nGNE2QynkV

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Sales
Beat
SEK 292 mln
SEK 269.25 mln (4 Analysts)

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the leisure & recreation peer group is "buy"
Wall Street's median 12-month price target for SkiStar AB is SEK192.50, about 21.4% above its September 29 closing price of SEK158.60
The stock recently traded at 17 times the next 12-month earnings vs. a P/E of 17 three months ago

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Sept 28 - AAR Corp Q1 revenue beats estimates as demand for air travel increases

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)