RECORD-HIGH INTEREST IN SKIING HOLIDAYS IN THE SCANDINAVIAN MOUNTAINS
Second Quarter
- Net sales for the second quarter increased by
SEK 181 million , 8 percent, toSEK 2,531 million (2,350). - Operating profit increased by
SEK 140 million , 15 percent, toSEK 1,072 million (932). - Capital gains from exploitation operations were included with
SEK 0 million (10). - Cash flow from operating activities increased by
SEK 368 million toSEK 1,356 million (988). - Basic and diluted earnings per share amounted to
SEK 10.43 (9.32).
First Six Months
- Net sales for the first six months of the year increased by
SEK 224 million , 9 percent, toSEK 2,751 million (2,527). - Operating profit increased by
SEK 126 million , 26 percent, toSEK 607 million (481). - Capital gains from exploitation operations were included with
SEK 0 million (11). - Cash flow from operating activities increased by
SEK 425 million toSEK 1,578 million (1,153). - Basic and diluted earnings per share amounted to
SEK 5.53 (4.35).
Significant events during and after the period
- Strong demand for mountain holidays ahead of the remainder of the 2023/24 winter season, with overnight stays booked through SkiStar up 13 percent on the same time last year.
Comments from the CEO
“It is extremely gratifying that we can present our best half-year result in the company´s history, thanks to the record number of skiing visitors and a particularly strong interest from foreign guests.”
Conference call and web presentation
Wednesday
Web cast: https://edge.media-server.com/mmc/p/sh636mfv
Web cast & participation at conference call to ask questions: https://register.vevent.com/register/BI1659b32f59834b7d829e0ff488c89d10
For registration and dial-in details, please follow the link above. Please make sure you are connected to the phone conference by calling in and registering a few minutes before the conference begins.
The presentation and a recorded version of the web presentation will be available on the same webpage after the presentation.
This information is information that
Further information can be reached from:
SkiStar in brief
Attachment
- SkiStar AB Half-Year Report September 2023-February 2024
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