Declining results for Téléverbier despite increasing turnover


(AOF) – Téléverbier, a Swiss ski lift company, announces a decline in net profit, group share, in the first half to 9.8 million euros compared to 10.3 million a year ago, despite an increasing turnover by 6.2% to 65 million euros. The group aims to achieve over the entire 2023/2024 financial year a turnover of 74.3 million euros, an increase of more than 3% compared to that of the previous financial year, and a net profit group share of between 3.2 and 3.9 million euros.

The group emphasizes that it achieves more than 90% of its turnover in the first half of the year. The second half is mainly devoted to maintenance and investment work.

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