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Edge20 Mar 2026
Tetra Pak: The Shape of Innovation
The story of Tetra Pak, the Rausing family, and how a paper tetrahedron gave rise to a company that now delivers almost 180 billion packages a year.
Compagnie des Alpes
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.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.
Leisure Parks: Christmas period growth drivers
Ski Areas: Skier-day vs. revenue per skier-day mix
Late spring holidays: Mitigating Zone C impact
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Latest events from Compagnie des Alpes
- Record results, robust growth, and major investments position for sustained expansion.CDA
Q4 20252 Dec 2025 - Record sales and strong growth across all divisions, with EBITDA guidance set to be exceeded.CDAQ4 2025 TU28 Oct 2025
- Sales up 15.1% year-over-year, with strong Q3 and EBITDA guidance reaffirmed at +15%.CDAQ3 2025 TU29 Jul 2025
- Record year with double-digit sales and EBITDA growth, strong cash flow, and major acquisitions.CDAQ4 202413 Jun 2025
- Nine-month revenue up 9.2% to €975.7M, driven by record ski season and resilient performance.CDAQ3 2024 TU13 Jun 2025
- Double-digit sales and EBITDA growth led to a higher full-year EBITDA target.CDAH1 20256 Jun 2025
- Sales up 11.6% in H1, driven by strong growth in all divisions and strategic acquisitions.CDAQ2 2025 TU6 Jun 2025
- Q1 revenue up 31% to €262M, driven by record leisure park and ski activity.CDAQ1 2025 TU6 Jun 2025
Next Compagnie des Alpes earnings date
Q2 2026 TU28 Apr, 2026
Compagnie des Alpes
Next Compagnie des Alpes earnings date
Q2 2026 TU28 Apr, 2026
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