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Compagnie des Alpes Shares Rise After Upgrading EBITDA Growth Forecast
Shares of Compagnie des Alpes SA (CDA) jumped more than 7% after the French leisure and ski resort operator raised its earnings outlook for the 2026 fiscal year. The company announced it now anticipates full-year EBITDA growth of around 6%, an upward revision that fueled investor optimism.
Upgraded Outlook and Sales Growth
Compagnie des Alpes reported that the improved forecast followed a solid performance, with annual sales reaching approximately €1.43 billion, a 2.6% increase from the previous year. In response to the announcement, the company's shares surged by as much as 7.5% during trading.
The company also noted that initial booking rates for the upcoming season at its mountain resorts are looking "relatively strong," providing a positive signal for future revenue streams. Compagnie des Alpes operates a portfolio of major ski resorts in the French Alps and leisure parks across Europe.
AdFinancial Stability Measures
Supporting its enhanced outlook, Compagnie des Alpes has taken steps to improve its financial stability and mitigate operational risks. The company stated it has secured new medium- to long-term financing arrangements, which increases its financial visibility.
Furthermore, the operator has implemented a three-year electricity price hedging strategy in France. This move is significant for an energy-intensive business like ski resorts, as it helps protect profit margins from the volatility of energy markets and provides greater cost certainty.
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