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SkiStar Reports Mixed Financial Results Amid Positive Winter Season Outlook

Story Highlights
  • SkiStar’s financials show decreased third-quarter sales but increased nine-month profits.
  • Refinancing with banks boosts SkiStar’s credit and sustainability-linked loans.
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SkiStar Reports Mixed Financial Results Amid Positive Winter Season Outlook

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SkiStar AB Class B ( ($SE:SKIS.B) ) has provided an announcement.

SkiStar’s interim report for September 2024 to May 2025 reveals a mixed financial performance, with a decrease in third-quarter net sales and operating profit, yet an increase in net sales and operating profit for the first nine months. Despite challenging weather conditions, the company maintains a positive outlook for the 2025/26 winter season, with booking volumes slightly up from the previous year. A notable development is the refinancing agreement with major banks, enhancing credit facilities and linking loans to sustainability performance, which could strengthen SkiStar’s financial position and sustainability efforts.

The most recent analyst rating on ($SE:SKIS.B) stock is a Hold with a SEK135.00 price target. To see the full list of analyst forecasts on SkiStar AB Class B stock, see the SE:SKIS.B Stock Forecast page.

More about SkiStar AB Class B

SkiStar AB Class B operates in the tourism and leisure industry, primarily focusing on providing ski resort services and accommodations. The company is known for its winter sports offerings and plays a significant role in the Nordic region’s winter tourism market.

Average Trading Volume: 72,590

Current Market Cap: SEK12.46B

For detailed information about SKIS.B stock, go to TipRanks’ Stock Analysis page.

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