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Compagnie des Alpes (CDA) investor relations material
Compagnie des Alpes Q4 2026 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
FY2025/26 sales reached a record €1,433.2 million, up 2.6% reported and 2.2% on a comparable basis, despite difficult weather and economic conditions.
Stricter cost control supported revised EBITDA growth guidance of around 6%, excluding Tignes asset-sale capital gains, without sacrificing customer satisfaction.
Financial highlights
Full-year sales were €1,433.2 million versus €1,397.4 million in FY2024/25; Q4 sales rose 2.3% reported and 2.7% on a comparable basis to €277.7 million.
Q1 sales increased 10.4% reported; Q2 rose 1.0%; Q3 declined 1.4%; Q4 advanced 2.3%.
Outlook and guidance
FY2025/26 EBITDA growth is expected at around 6%, excluding capital gains on Tignes fixed-asset disposals, versus prior guidance of +2% to +5%.
Initial mountain-resort booking rates for the coming season are relatively strong; Halloween is off to a good start and all Christmas corporate events are sold out.
- Sales up 30.7% to €261.8M, with robust growth across all divisions and strong holiday demand.CDA
Q1 2025 TU - Sales up 2.6% to €1.16B; EBITDA growth guidance cut amid weather impacts, outlook steady.CDA
Q3 2026 TU - EBITDA and net income rose 5% and 7.7%, with strong cash flow and positive outlook.CDA
H1 2026 - Sales up 10.1% to €1,239.2M, EBITDA target €350M, record results across all divisions.CDA
Q4 2024 TU - 9-month sales up 9.2% to €975.7M, driven by ski growth and stable leisure parks.CDA
Q3 2024 TU - H1 sales grew 3.9% to €882.7M, with strong outlook for the second half and new growth initiatives.CDA
Q2 2026 TU - Record results, robust growth, and major investments drive progress toward Net Zero 2030.CDA
H2 2025 - Record year with double-digit sales and EBITDA growth, strong cash flow, and higher dividend.CDA
H2 2024 - Double-digit sales and EBITDA growth, margin gains, and strategic investments boost outlook.CDA
H1 2025
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