Theme park and ski resort operator Compagnie des Alpes has presented its annual results for the 2024/25 financial year. As well as announcing record sales for the year, it has shared plans for its theme parks and carbon-reduction goals.
The company has seen record sales of approximately €1.4 billion, up 12.8% (+8.9% on a comparable basis), as well as EBITDA of €409 million, up 16.7%, in line with the most recent guidance. The net income, Group share, is up 15.8%.
In terms of its carbon footprint, it reports a further reduction in GHG emissions (scope 1 and 2), following two years of substantial reductions, down 73% compared with 2018/19, a 12-point advance over the projections presented in October 2022
Objectives for 2025/26
Looking ahead, Compagnie des Alpes says EBITDA growth is expected to be close to 10%, with net industrial investments close to 20% of sales and continued reductions in GHG emissions, targeting an 80% reduction by 2030
Commenting on the results, CEO Dominique Thillaud says:
"Year after year, Compagnie des Alpes demonstrates the relevance of its strategy, which was endorsed by shareholders in June 2021. Since then, we have recorded double-digit average annual growth in our turnover, and an increase in our operating margin, despite rising energy costs."
He attributes this growth to operational excellence, driven by "the unwavering commitment of our teams to welcoming visitors to our ski areas, hotels and club residences, leisure parks, and sports centers.
"Our performance also reflects our expertise in investing in the appeal of our sites and the modernization of our facilities, as evidenced by the numerous awards we have received," he adds.
Compagnie des Alpes also continues to show agility in seizing growth opportunities:
"Following the acquisitions of MMV and the Urban Group, we are very proud to have acquired the Belantis leisure park in Germany this year and to have signed a new public service delegation agreement with the Pralognan-la-Vanoise resort."
"We now look forward to launching the ambitious transformation plans we will undertake at both Parc Astérix and Belantis, the future Parc Astérix Germany.
"At the same time, we continue to roll out our 10 Commitments and 5 Renunciations, which are the concrete implementation of our Raison d'être, with, for example, a further reduction in our CO2 emissions (scope 1 and 2) this year."
Compagnie des Alpes operates 14 leisure parks across Europe. These include prominent attractions such as Parc Astérix, Futuroscope, and several Walibi locations.
