Compagnie des Alpes (FR:CDA) has released an update.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Compagnie des Alpes will continue to manage the Tignes ski area until 2026, when a Local Public Company will take over following the expiration of the current contract. The company has invested significantly in the resort, enhancing ski lift infrastructure and reducing its carbon footprint, resulting in increased customer satisfaction and skier-days. Despite the upcoming transition, Compagnie des Alpes remains committed to the mountain regions and will seek investment opportunities to redeploy the compensation received at the end of the public service delegation.
For further insights into FR:CDA stock, check out TipRanks’ Stock Analysis page.