Palantir shares slip by 7% despite posting record revenue in third quarter
Investing.com -- Compagnie des Alpes SA announced a slight increase to its full-year EBITDA growth guidance despite experiencing a marked slowdown in its Leisure Parks division during the fourth quarter.
The French leisure group now expects EBITDA growth to exceed 15%, up from its previous guidance of 15%, reflecting stronger operating leverage and effective cost control measures across all divisions.
The company achieved record full-year revenue of €1.4 billion, representing a 13% increase on a reported basis and 9% growth like-for-like. This performance was driven by strong momentum across all three of the company’s divisions, with sales broadly aligning with consensus expectations.
Regarding the fourth-quarter slowdown in Leisure Parks, the company provided reassurance that this was primarily due to weather conditions and base effects rather than any structural trend. The group highlighted that performance varied significantly across individual parks.
Looking ahead to fiscal year 2025-26, Compagnie des Alpes offered a positive outlook, noting that ski resort bookings for Christmas 2025 are running ahead of last year’s levels. Additionally, Halloween and Christmas presales at the Parks remain strong.
The company is scheduled to disclose its full-year results in December.
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