Restoration of the balance sheet (and of the dividend), return to growth and record margins: the 2021/2022 financial year was of quality. And the caution of the management is of good quality in the face of the energy risk.
Particularly affected by the health crisis, the Compagnie des Alpes group has more than recovered. The results of the 2021/2022 financial year, which ended with the month of September, testify to this, with a record turnover which came close to one billion euros.
At 958.5 million euros, sales for 2021/2022 obviously exceeded by a factor of 4 those of 2020/2021 (239.4 million), “white season” crushed by health restrictions. But on a like-for-like basis (adjusted for the exit from the scope of the Domaine des Deux Alpes, on December 1, 2020), they above all exceed those of the pre-pandemic financial year 2018/2019 (i.e. 814 million euros) by 17.8%. .
Profitability higher than its pre-crisis level
Still in this interval, and in these same terms, the historical activity of Ski areas increased by 12.8% to 455.5 million euros. Due to the consequences of the British health restrictions until January, the number of “skier days” fell by 3.5%, but the corresponding income…