Sweden's SkiStar Q2 sales rise 8% on demand for mountain holidays

SkiStar AB

18/03/2026 06:09

Overview

Sweden mountain resort operator's Q2 sales rose 8% yr/yr

Adjusted operating profit for Q2 grew 8% compared to last year

Booking volumes for winter 2025/26 down 2.7% yr/yr; 2026/27 volumes unchanged

Outlook

Company says booking volumes for winter 2026/27 are unchanged from previous yr

Result Drivers

HIGH DEMAND - Co said strong Q2 results were driven by high demand for mountain holidays

SKIER DAYS SOLD - Co reported an increase in the number of skier days sold in Q2, per CEO Stefan Sjöstrand

Company press release: ID:nGNE72ZPbm

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Sales
Slight Miss*
SEK 2.99 bln
SEK 3.02 bln (3 Analysts)

*Applies to a deviation of less than 1%; not applicable for per-share numbers.

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 SEK200.00, about 17.2% above its March 17 closing price of SEK170.70

The stock recently traded at 18 times the next 12-month earnings vs. a P/E of 19 three months ago

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.)