Compagnie des Alpes
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Compagnie des Alpes (CDA) investor relations material

Compagnie des Alpes Q1 2026 TU earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q1 2026 TU earnings summary27 Jan, 2026

Executive summary

  • Consolidated sales for Q1 2025/26 reached €289.0 million, up 10.4% year-over-year, with strong growth across all business segments.

  • Growth was partly driven by an extra day of Christmas vacation, boosting mountain operations and leisure parks.

  • The relaunch of the Paris–Bourg-Saint-Maurice night train supports low-carbon resort access.

Financial highlights

  • Total Q1 sales: €289.0 million, up 10.4% from €261.8 million in Q1 2024/25; 9.5% growth on a comparable basis.

  • Ski Areas and Outdoor Activities sales: €95.8 million, up 20.0% reported and 19.0% comparable.

  • Distribution & Hospitality sales: €20.1 million, up 15.2% year-over-year.

  • Leisure Parks sales: €173.1 million, up 5.2% reported and 4.2% comparable.

Outlook and guidance

  • Targeting close to 10% EBITDA growth for the full year, excluding capital gains from Tignes asset disposals.

  • Strong Alpine resort bookings, especially for February holidays, support confidence for the season.

  • Positive Q1 calendar effect will be offset in Q2; late spring holidays in France may impact sales.

  • New attractions and themed experiences planned for leisure parks in spring to drive further growth.

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Next Compagnie des Alpes earnings date

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Q2 2026 TU28 Apr, 2026
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Q2 2026 TU28 Apr, 2026

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Frequently asked questions

Compagnie des Alpes SA is a French company specializing in the operation and management of ski resorts and leisure parks. The company operates a portfolio of prominent ski destinations in the French Alps, catering to both domestic and international tourists. In addition to its winter sports activities, Compagnie des Alpes manages popular leisure and amusement parks across Europe, providing a wide range of entertainment and recreational experiences. The company is headquartered in Paris, France, and its shares are listed on Euronext Paris.

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