SkiStar AB (SKIS_B) Q3 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good day and thank you for standing by. Welcome to the SkiStar Interim Report Q3 1st September 2025 to 31st May 2026 conference call. At this time, all participants are in a listen-only mode. After the speaker's presentation, there will be a question and answer session. To ask a question during the session, you will need to press star 1, 1 on your telephone, You will then hear an automated message advising your hand is raised. To withdraw your question, please press star 1, 1 again. Please be advised that today's conference is being recorded. I would now like to hand the conference over to your speakers today, Stefan Joostrand, CEO, and Sara Ugazbab, CFO. Please go ahead. Thank you for that introduction and a warm welcome everyone to this quarter presentation for Q3 2025-2026. So the agenda for today is that we will go through a bit of the third quarter performance. We will go through a financial update and then we will guide you through a bit of an outlook and a summary. So let's start with the Q3 performance. And before I just jump into the numbers, I just really would like to highlight again that we are the market leader for the Scandinavian Mountain Holidays. We are running six destinations in Sweden and Norway. We have a market share of 42%, and we are really proud of our integrated business model, where we have the digitalization as a driver and a neighbor. And we are also really proud of our significant land bank for property development, and we will take you through that as well later on. So if we jump into the third quarter, we present net sales with a 5% increase. We have a lower operating profit with 8% decrease. And if we exclude the exploitation gains, we can say we have a par result compared to last year. And our operating margin stays at 24% compared t...