Earnings release
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Press Release - 1/6 - Compagnie des Alpes FY 2020/2021 SALES CONFIRMATION OF A ROBUST RECOVERY IN LEISURE PARK ACTIVITY IN THE 4TH QUARTER ANNUAL SALES IMPACTED BY SITE CLOSURES RELATED TO THE HEALTH CRISIS Paris , October 21 , 2021 - Financial year 2020/2021 , which ended on September 30 , 2021 , was marked by long periods of closure due to the health crisis , and by a dynamic recovery in activity for Leisure Parks over the summer season . Accordingly , the year can be divided into three distinct periods : • The 1st half , during which all Leisure Park and Ski Area sites were unable to open except for a few days in October and were still closed at the end of the period ; The 3rd quarter , during which sites were gradually reopened , in staggered fashion , between the beginning of May and the beginning of June , but under restrictive health conditions ; Then the 4th quarter , during which activity was particularly dynamic . For Leisure Parks , sales for the 4th quarter rose substantially compared with last year and , adjusted for the impact of the closure of two sites in Belgium ( following severe flooding ) , even showed growth compared with the 4th quarter of 2018/2019 ( + 5.6 % adjusted for the aforementioned closures ) . 4th quarter : Group consolidated sales from July 1 , 2021 , through September 30 , 2021 Consolidated sales for Compagnie des Alpes for the 4th quarter of FY2020 / 2021 totaled € 171.8 million , versus € 132.2 million for 4th quarter 2019/2020 , an increase of 30 % thanks to the very good performance of Leisure Parks during this period . Change Unaudited data ( In € thousands ) Q4 2020/2021 Q4 2019/2020 Change on a comparable Scope basis ( 1 ) Ski Areas 5 322 Leisure Parks 161 178 7 762 118 859 -31.4 % + 35.6 % + 13.0 % + 35.6 % Holdings & Support Total 5 303 171 803 5 576 -4.9 % -4.9 % 132 197 + 30.0 % + 33.0 % ( 1 ) The change on a comparable scope basis excludes sales from the 2 Alpes ski resort , which is no longer consolidated by the Group since December 1 , 2020 .