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GREAT INTEREST IN SCANDINAVIAN MOUNTAIN HOLIDAYS

Comment from CEO Stefan Sjöstrand:

“It is pleasing to see that the increased number of guests this year comes from international tailwinds, which will not only increase sales but also keep us growing throughout the weeks.”

Important events during and after the period

  • Strong demand for mountain holidays ahead of the 2024/25 winter season, with the booking situation, measured as nights booked through SkiStar, up 9 percent on the same time last year.

Interim report – September 2023 – May 2024

Third quarter

  • · Net sales for the third quarter increased by SEK 81 million, 6 percent, to SEK 1,490 million (1,409).
  • · Operating profit increased by SEK 65 million, 18 percent, to SEK 418 million (353).
  • · Capital gains from operating activities were recognized for an amount of -3 million SEK (1).
  • · Cash flow from operating activities decreased by SEK 32 million to SEK -268 million (-236).
  • · Basic and diluted earnings per share amounted to SEK 3.99 (3.43), an increase of 16 percent.

First nine months

  • Net sales for the nine-month period increased by SEK 404 million, 10 percent, to SEK 4,340 million (3,936).
  • Operating profit increased by SEK 184 million (22 percent) to SEK 1,019 million (834).
  • Capital gains from operating activities were recognized for an amount of -10 million SEK (12).
  • Cash flow from operating activities increased by SEK 401 million to SEK 1,318 million (917).
  • Basic and diluted earnings per share amounted to SEK 9.52 (7.7), an increase of 23 percent.

Time for conference call and web presentation

Thursday June 20, 2024 at 10am CEST.

Webcast: https://edge.media-server.com/mmc/p/pr7pdmq4

Webcast & participation in conference call to ask questions:

https://register.vevent.com/register/BIa2c2766a738e4f2f9cb902c49133c729

For registration and dial-in details, please follow the link above. Make sure you are connected to the conference call by calling in and registering a few minutes before the conference starts.

The presentation and a recorded version of the web presentation will be available on the same web page after the presentation.

This information is information that SkiStar AB is obliged to make public under the EU Market Abuse Regulation. This information was submitted for publication on June 20, 2024 at 7:00 AM CEST via the contacts listed below.

Further information can be obtained via:

Stefan Sjöstrand, CEO, tel +46 (0)280 841 60.

Martin Almgren, CFO, tel +46 (0)280 841 60.

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