Revenue for the first nine months was SEK 2,352 (2,216) million, an increase of SEK 136 (6 percent) compared with the previous year. Profit after tax was SEK 603 (537) million, an increase of SEK 66 million (12 percent) compared with the previous year.
Revenue from ski resort operations for the nine-month period was SEK 2,259 (2,002) million, an increase of 13 percent. SkiPass revenue was SEK 1,315 (1,153) million, an increase of SEK 162 million, or 14 percent. Operating profit for ski resort operations increased by SEK 148 million to SEK 647 (499) million. Sold accommodation, expressed as the number of overnight stays, increased by 2.5 percent compared with the previous year.
The number of skier days (one day’s skiing with a SkiPass) was 5.8 million, an increase of more than 7 percent from the previous year. The improved results are mainly due to the increased guest volume. Not only our holiday periods but also focus on areas such as Valle’s Winter Weeks in January and SkiStar Business’ conference activities show continuing growth.
Åre’s traditional closing event, the Winter Finale, looks to become the ski festival to end all ski festivals. The venture with the Åre Sessions music festival and many top artist names is attracting record numbers. Last year’s record has now been beaten, with SkiPass sales in SkiStar’s booking statistics for 23 April 2018 showing an increase of 33% compared with the previous year’s closing event.
Åre’s traditional closing event, the Winter Finale, looks to become the ski festival to end all ski festivals. The venture with the Åre Sessions music festival and many top artist names is attracting record numbers. Last year’s record has now been beaten, with SkiPass sales in SkiStar’s booking statistics for 23 April 2018 showing an increase of 33% compared with the previous year’s closing event.
SkiStar is also official title sponsor to the 2019 Alpine World Championships in Åre.
From its foundation in 1975 until 2001 the company was called Sälenstjärnan AB. That year the Group adopts the name SkiStar AB.
SkiStar is one of the partners in the Scandinavian Mountains Airport. Located between Sälen and Trysil the first aircraft are expected to touch down in winter 2019-2020.