TELEVERBIER: Results for the first half of 2023/2024

The Board of Directors of TELEVERBIER approved the unaudited consolidated accounts for the first half of 2023/2024. During this period, turnover reached CHF 62.1 million, an increase of 6.2% compared to the same period the previous year.

Ski lifts, representing 73% of turnover, recorded an increase of 7.1% to CHF 45.6 million. Catering and other operating income also saw increases of 1.9% and 1.0% respectively. Work for third parties increased by 11.4%.

The EBIT of the ski area sector decreased slightly to CHF 12.4 million. Catering posted a stable deficit, while accommodation doubled its operating profit to CHF 0.6 million. Technical services recorded a negative result of CHF 0.3 million.

For the 2023/2024 financial year, TELEVERBIER is targeting a turnover of CHF 71.0 million and a net profit of between CHF 3.1 and 3.7 million.