Compagnie des Alpes Prepares for Tignes Transition

Compagnie des Alpes (FR:CDA) has released an update.

Compagnie des Alpes will continue to manage the Tignes ski area until 2026, when a Local Public Company will take over following the expiration of the current contract. The company has invested significantly in the resort, enhancing ski lift infrastructure and reducing its carbon footprint, resulting in increased customer satisfaction and skier-days. Despite the upcoming transition, Compagnie des Alpes remains committed to the mountain regions and will seek investment opportunities to redeploy the compensation received at the end of the public service delegation.

For further insights into FR:CDA stock, check out TipRanks’ Stock Analysis page.