Earnings Release • Jun 6, 2016
Earnings Release
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Paris, June 6, 2016 – Following publications in the press this week-end, Compagnie des Alpes confirms its intention, clearly stated since 2015, to explore partnerships, possibly involving equity, which will enable the Company to roll out its international development strategy, particularly in markets with high growth potential (notably in China). Within this context, Caisse des Dépôts has reiterated its support for the Compagnie des Alpes strategy and its intention of maintaining its position as shareholder of reference.
Since then, growing signs of interest in the Company and its development project have been received. Against this backdrop, discussions are being conducted with different investors and/or industrialists. However, no decisions have been made to date.
Compagnie des Alpes is squarely focused on the further deployment of its strategy, which rests on three main pillars:
Since it was founded in 1989, Compagnie des Alpes has established itself as an uncontested global leader in the leisure industry, where it currently ranks number 10 worldwide. At the helm of 11 of the world's most prestigious ski resorts (Tignes, Val d'Isère, Les Arcs, La Plagne, Les Menuires, Les 2Alpes, Méribel, Serre-Chevalier, etc.) and 13 renowned leisure destinations (Parc Astérix, Grévin, Walibi, Futuroscope, etc.), the company is steadily expanding in Europe (France, the Netherlands, Belgium, Germany, etc.) and, more recently, at the international level (Grévin Montréal in April 2013, Grévin Prague in May 2014, Grévin Seoul in July 2015 and engineering and management assistance contracts (Russia, Morocco, Japan)). CDA also owns stakes in 4 ski areas, including Chamonix.
During the financial year ended September 30, 2015, CDA facilities welcomed more than 22 million visitors and generated consolidated sales of 696 M€.
With more than 5,000 employees, Compagnie des Alpes works with its partners to build projects that generate unique experiences, the opposite of a standardized concept. Exceptional leisure activities for everyone.
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CDA is included in the following indices: CAC All-Shares, CAC All-Tradable, CAC Mid & Small et CAC Small. ISIN: FR0000053324; Reuters: CDAF.PA; FTSE: 5755 Recreational services
Compagnie des Alpes : Denis HERMESSE +33 1 46 84 88 97 [email protected] Sandra PICARD +33.1 46 84 88 53 [email protected] Alexis d'ARGENT +33 1 46 84 88 79 [email protected]
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