Skistar Ab Class B · OMXSTO:SKIS_B
Skistar Ab Class B — Q1 2025 Earnings Presentation
33 slides from Skistar Ab Class B's earnings presentation, Dec 19, 2024
Slide 1: SkiStar AB Q1 2024/25 presentation
SkiStar AB Q1 2024/25 presentation 19 December 2024
Slide 2: Agenda
Agenda • Introduction • Q1 highlights • Q1 in numbers • Outlook: Going forward • Summary
Slide 3: Introduction
Introduction ¢ sxHistar
Slide 4: Leading holiday organizer for Scandinavia
As the leading holiday organizer for Scandinavia, our vision is to create memorable mountain experiences all year round SATISFIED GUESTS SATISFIED EMPLOYEES NET SALES MSEK HAVE CHECKED IN DIGITALLY HAVE PURCHASED/ DOWNLOADED TO THEIR ACCOMMODATION THEIR SKIPASS DIGITALLY
Slide 5: Financial targets
Financial targets Leverage Organic growth Operating margin Net Debt/EBITDA Dividend 6% 18 % < 2.5x 40-60 % 23/24 10 % 16 % 1.7x 46 %
Slide 6: Sustainability targets
Sustainability targets By year 2030 Activity and recreation Ecosystem and impact Dialogue and interaction 7 + [TBU] million skier- and 50% Contribute to activity days climate reduction sustainable development throughout the value chain 23/24 6.4 Million +17 %* 92% …of our supppliers have signed our
Slide 7: Strategic initiatives to reach our financial targets
Strategic initiatives to reach our financial targets Development of all year-round operation, increased capacity and more attractive destinations will continue to drive visits Strengthen margin and growth by dynamic pricing and increased average spend Increase number of commercial beds Secure sustai
Slide 8: An unmatchable position in Scandinavia
An unmatchable position in Scandinavia Length of groomed slopes Ski resport Skier days SkiPass revenue (MSEK) (km) Sälen 1,806,000 493 82 Åre 1,304,000 408 191 Trysil 1,080,000 336 78 Vemdalen 853,000 244 52 Hemsedal 615,000 189 54 Branäs 590,260 128 23 Hafjell 511,000 147 44 Idre Fjäll 509,541 109
Slide 9: Development of SkiStar's Destinations
Development of SkiStar’s Destinations
Slide 10: International customers drive average spend
International customers drive average spend
Slide 11: Q1 Summary
QI Summary ¢ ) sxHistar
Slide 12: Q1 Highlights
Q1 Highlights • We welcome 2500 seasonal workers • Bookings: - 3 % (10,000 nights) from a historical level (3rd best year) – Last years early opening was exceptional (- 5000 nights) – A strong calendar w.51-10 gives +3,000 nights – Late Easter • Retail growth continues + 6 % • New organizational str
Slide 13: We welcome 2500 seasonal workers
We welcome 2500 seasonal workers • Bild personal • Fråga CS om antal 13
Slide 14: Strong Start of the Winter Season
Strong Start of the Winter Season Object nights 2024-2025
Slide 15: Retail Growth FY18-24
Retail Growth FY18-24 Revenue Retail Total 500 000 450 000 400 000 350 000 300 000 250 000 200 000 150 000 100 000 50 000 - 18/19 19/20 20/21 21/22 22/23 23/24
Slide 16: Hammarbybacken
Hammarbybacken The worlds first fossil-free ski resort
Slide 17: Overview – Operating profit Full Year (SEK M)
Overview – Operating profit Full Year (SEK M) 1000 25% 884 900 57 800 21% 740 20% 723 700 67 68 14% 616 600 75 16% 15% 500 10% 15% 14% 394 827 400 10% 105 296 541 673 655 300 28 200 5% 289 268 100 0 0% 19/20 20/21 21/22 22/23 23/24 LTM Operating profit Operational Capital Gains Operating margin
Slide 18: Net sales per Category, Q1 2024/25 (SEK M)
Net sales per Category, Q1 2024/25 (SEK M) 250 7 1 220 2 0 0 -2 -3 212 - 13 200 150 100 50 0 SkiPass Rentals Retail/Shops Hotel/Lodges Current Year Previous Year Accomodation Ski School/Activities Property Development Other 18
Slide 19: Operating profit per Segment, Q1 2024/25 (SEK M)
Operating profit per Segment, Q1 2024/25 (SEK M) 0 -100 -200 -300 -400 -464 -500 -16 -2 0 -482 -600 PREVIOUS YEAR Operation of Ski Resorts Property Development Operation of Hotels Current Year
Slide 20: Summary Q1, 2024/25 (SEK M)
Summary Q1, 2024/25 (SEK M) MSEK 2024/25 2023/24 • Organic growth, -2 percent in the quarter Q1 Q1 Operating Income 212 220 • Cost control remains, mainly from marketing-, energy- and vehicle costs Net sales 215 226 • Increased costs for repairs and Operating Profit -482 -464 maintenance, personnel
Slide 21: Sustainability Results Q1
Sustainability Results Q1 Activity & Recreation Ecosystem & Impact Dialogue & Interaction During the quarter, SkiStar launched SkiStar is actively involved in two Vinnova- SkiStar introduced a Leadership Index an expanded offering of free season funded projects aimed at promoting to measure and enha
Slide 22: Outlook – going forward
Outlook — going forward ¢ 3 sxHistar
Slide 23: Winter 24/25
Winter 24/25 Diff i % Preseason until week 50 -24% Christmas week 51-1 -6% January w 2-6 2% Wintervacation w 7-10 -1% Spring/Easter 11-18 -4% Total -2,7%
Slide 24: Continued development of digital solutions
Continued development of digital solutions – to enhance our guests' experiences Real-time status updates regarding the current queues in lifts. AI-based analysis of anonymized WiFi signals that calculates estimated queuing times. Verifies and trains AI
Slide 25: Sustainability roadmap
Sustainability roadmap Secured water for snow production in 2050 (water rights) HVO100 in all our snow groomers – next step electrified/hydrogen powered vehicles GPS/positioning determination – snow depth measurement Right amount of snow in the right place Solar panels on buildings Co-owners of loca
Slide 26: Develop land areas in-house
Develop land areas in-house Consumption effect through SkiStar's product and service - Rental income offerings from accommodation - Rental income from business Development of areas apartments for sale or commercial Sale of planned areas for rent land (Skiab) or develop ourselves Planning of owned ra
Slide 27: Developing land areas into completed detailed plans
Developing land areas into completed detailed plans Every completed detailed plan corresponds to a market value between 2,000 – 20,000 SEK/sq m building area Company Status Square meters Units Beds Skiab Completed detailed plans 84 400 701 4 208 SkiStar Completed detalied plans 54 050 480 2 883 SkiS
Slide 28: A 50-year Love Story
A 50-year Love Story Together with our guests and employees, we celebrate 50 years of love for snow, joy and community • Marketing campain – For all ski-lovers. For all times. • SkiStar Cup – ski competitions all season, for all guests, with full integration in SkiStar Games. • Stories from the empl
Slide 29: Mountain holidays in Scandinavia continue to be an obvious choice
Mountain holidays in Scandinavia continue to be an obvious choice for many
Slide 30: Together for White Winters
Together for White Winters 30
Slide 31: SkiStar destinations
sHistar Sdlen VEMDALEN ARE HEMSEDAL TRYSIL STOCKHOLM
Slide 32: Disclaimer
Disclaimer This presentation has been prepared by SkiStar AB (publ) (the “Company”) solely for use at this presentation and it is furnished to the recipients solely for their information. It may not be reproduced or redistributed, in whole or in part, to any other person. The presentation does not c
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