SkiStar AB Interim Report September 2024-May 2025

Core Insights - The winter season for 2025/26 shows a 1% increase in booking volumes compared to the previous year, with approximately 30% of expected accommodation already booked, aligning with company plans [1] - A refinancing agreement was reached with DNB, Handelsbanken, and Nordea, enhancing commercial terms and increasing credit by SEK 700 million, totaling SEK 2,800 million in loans and credit facilities, all linked to sustainability performance [2] - Despite adverse effects from mild weather and a late Easter holiday, the CEO reported growth and strong results for the winter season [3] Financial Performance - Net sales for the third quarter decreased by SEK 85 million, or 6%, to SEK 1,405 million from SEK 1,490 million [7] - Operating profit for the third quarter fell by SEK 41 million, or 10%, to SEK 377 million from SEK 418 million [7] - For the nine-month period, net sales increased by SEK 65 million, or 2%, to SEK 4,405 million from SEK 4,340 million [7] - Operating profit for the nine-month period rose by SEK 76 million, or 7%, to SEK 1,095 million from SEK 1,019 million [7] - Basic and diluted earnings per share for the third quarter decreased by 4% to SEK 3.82 from SEK 3.99, while for the nine-month period, it increased to SEK 10.39 from SEK 9.52 [7] Company Overview - SkiStar AB operates mountain resorts in Sweden and Norway, focusing on creating memorable mountain experiences and sustainable destinations [6] - The company is listed on the Mid Cap list of the Nasdaq Stockholm exchange and operates in three segments: Operation of Mountain Resorts, Property Development & Exploitation, and Operation of Hotels [6]