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

By Reuters News


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

Metric

Beat/Miss

Actual

Consensus Estimate

Q4 Sales

Beat

SEK 292 mln

SEK 269.25 mln (4 Analysts)


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

  • Sept 28 - Vail Resorts Q4 net income falls on poor weather

  • Sept 29 - Carnival's Q3 revenue, net income rise on strong demand

  • Sept 28 - AAR Corp Q1 revenue beats estimates as demand for air travel increases


For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.


(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.)

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