Sweden's SkiStar beats Q4 sales estimates, operating loss narrows

Overview

• Sweden mountain tourism group's Q4 sales rose 29%, beating analyst expectations

• Q4 operating loss narrowed 12% from prior year

• Board proposed dividend of SEK 3.50 per share

Outlook

• Company says booking volumes for winter season 2026/27 are up 3% year-on-year

Result Drivers

• RESORTS REVENUE - Mountain Resorts segment reported 36% jump in revenue to SEK 216 million

• POSITIVE FOREX IMPACT - Co said changes in the NOK/SEK exchange rate had a positive effect of SEK 28 million on net sales

Company press release:

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the leisure & recreation peer group is "buy"

• Wall Street's median 12-month price target for SkiStar AB is SEK192.50, about 21.4% above its September 29 closing price of SEK158.60

• The stock recently traded at 17 times the next 12-month earnings vs. a P/E of 17 three months ago

Reuters Recommended Reads

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)