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Topics: Economy, Finance

The early start of the winter season has led to a high demand from our guests.

EARLY WINTER AND A GREAT INTEREST IN SKI HOLIDAYS IN SCANDINAVIA

Comments from the CEO Stefan Sjöstrand: “The early start of the winter season has led to a high demand from our guests, and the bookings are 9 percent higher than previous year, meaning that more than 80 percent of the season’s estimated accommodation sales are already booked.”

SkiStar's Climate Targets Approved by Science Based Targets Initiative (SBTi)

SkiStar's Climate Targets Approved by Science Based Targets Initiative (SBTi)

Climate change will have a direct and significant impact on SkiStar operations in the future, as white, cold winters are a prerequisite for winter operations. To ensure that efforts to reduce climate impacts are sufficient, climate targets have been developed to meet the objectives of the Paris Agreement, in line with the SBTi methodology, which has now approved the targets.

CONTINUED GROWTH AND A VERY STRONG PROFIT FOR THE IMPORTANT SECOND QUARTER

CONTINUED GROWTH AND A VERY STRONG PROFIT FOR THE IMPORTANT SECOND QUARTER

Now, as we summarise two-thirds of the winter season and SkiStar’s second important quarter for the 2022/23 financial year, we see continued growth in the core business operation with a record turnover of SEK 2.5 billion (+8%) after the first six months of the year, despite the economic situation and challenging times. We can also report a very good second quarter.

CORONA CRISIS IMPACTS THIRD QUARTER – OPTIMISM AHEAD OF NEXT WINTER SEASON

CORONA CRISIS IMPACTS THIRD QUARTER – OPTIMISM AHEAD OF NEXT WINTER SEASON

Comments from the CEO Stefan Sjöstrand: March 2020 was the month that shook not only the world, but SkiStar too, as the spread of the new coronavirus left no-one unaffected. Announcements that our operations in both Norway and Austria had been forced to close were followed by Sweden’s Public Health Agency advising us to also close the Swedish resorts.

CEO SkiStar Stefan Sjöstrand.

SALES RECORD AND EXCELLENT CONDITIONS IN THE FIRST SIX MONTHS, CHALLENGING END EXPECTEED

Comments from the CEO Stefan Sjöstrand: The spread of the new Coronavirus has not passed anyone unnoticed. On 12 March, we received Norwegian municipal announcements that our operations in both Hemsedal and Trysil had to be closed down. As always, health and safety is our main priority, so the focus has been on employees and guests.

A presentation of SkiStar's news for winter 2016/17

A presentation of SkiStar's news for winter 2016/17

Smart cameras that capture your jumps in the park on film, Valle's ski school for children and daycare on the slopes. This is just some of the news from the ski tour operator SkiStar for the coming winter season, where the focus is on young people, a new modern express lift in Trysil and especially a whole new family ski resort in the Alps, St Johann.

A satisfactory financial year and good bookings for the period ahead

A satisfactory financial year and good bookings for the period ahead

We have experienced another good winter season that has helped deliver a strong financial year with increased profit and exceeded financial targets. The number of skier days increased by 4 percent to 5.1 million, while the number of booked overnight stays increased by 5 percent to 524,000, says Mats Årjes, CEO at SkiStar.

SkiStar becomes majority shareholder in Austrian ski resort St. Johann

​SkiStar has signed an agreement and will, through a rights issue, become the majority shareholder in the Austrian ski resort of St. Johanner Bergbahnen GmbH. SkiStar will pay a share issue proceeds of EUR 10 million and thus become the owner of 68 % stake in the company.

Persistent record-high bookings, up 12 percent

Persistent record-high bookings, up 12 percent

We are embarking on the 2015/16 season with great confidence. The season has now opened at all of our destinations and we’re looking forward to welcoming our guests for the Christmas and New Year holidays. Booking volumes are still up 12 percent on the same time last year, and all weeks up until Easter have higher booking levels compared to the previous year, says Mats Årjes CEO.