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Compagnie des Alpes ( (FR:CDA) ) has issued an update.
Compagnie des Alpes reported a 31% increase in consolidated sales for the first quarter of the 2024/25 financial year, reaching €261.8 million. The growth was driven by strong demand for leisure experiences, particularly in ski areas and outdoor activities, as well as record performances during Halloween and Christmas seasons in leisure parks. The company benefited from an extended holiday period, favorable weather conditions, and strategic investments in infrastructure, which enhanced visitor experiences. The Distribution & Hospitality division also saw significant growth, with improved occupancy rates and accolades for sustainable tourism practices.
More about Compagnie des Alpes
Compagnie des Alpes is a leading company in the leisure and tourism industry, focusing on ski areas, outdoor activities, and leisure parks. The company is known for its high-altitude ski resorts in the French Alps and operates a number of popular leisure parks, catering to both domestic and international tourists.
YTD Price Performance: 6.73%
Average Trading Volume: 1,452
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €817.7M
For detailed information about CDA stock, go to TipRanks’ Stock Analysis page.
