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Compagnie des Alpes: earnings up 18.4%

(CercleFinance.com) - The group's consolidated turnover amounted to 491.
2 million euros up 7.1% in restated terms (+3.2% at a comparable scope), compared with the same period in the previous financial year.

Revenues of skiable areas reached 372.1 million euros in H1, up 2.8% (+2.9% for ski lifts alone).

The group estimates that FY sales growth of skiable areas will be slightly above 2%. For the leisure Destinations business, the Group confirms its target EBITDA margin (excluding Futuroscope) of 27% in 2019.

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