COMPAGNIE DES ALPES (EPA:CDA) - CDA // Disposal of the Fort Fun amusement park in Germany – conditions precedent lifted

Transparency directive : regulatory news

31/05/2017 22:19

Press release

             Disposal of the Fort Fun amusement park in Germany -
                          conditions precedent lifted

Paris, 31 May 2017 - Following the announcement of the sale of the Fort Fun
amusement park to Looping Group on 26 April 2017, Compagnie des Alpes announces
that all conditions precedent have been lifted and that the sale is effective
as of today.

The transaction fits in with the strategy of reducing the scope of Compagnie
des Alpes sites, announced at the end of 2013, to those that can rise from
regional to national prominence - or even international prominence for some -
and those that can turn Very Great Customer Satisfaction into profits.

Upcoming events:

* 3rd quarter 2016/2017 revenue: Thursday 20 July, after trading
* Full-year 2016/2017 revenue: Thursday 19 October, after trading
* Full-year 2016/2017 results: Tuesday 12 December, before trading

www.compagniedesalpes.com

Since it was founded in 1989, Compagnie des Alpes has established itself as an
uncontested leader in the leisure industry. At the helm of 11 of the world?s
most prestigious ski resorts (Tignes, Val d'Isère, Les Arcs, La Plagne, Les
Menuires, Les 2Alpes, Méribel, Serre-Chevalier, etc.) and13 renowned leisure
destinations (Parc Astérix, Grévin, Walibi, Futuroscope, etc.), the company
is steadily expanding in Europe (France, the Netherlands, Belgium, Germany,
etc.) and, more recently, at the international level (Grévin Montréal in
April 2013, Grévin Prague in May 2014, Grévin Seoul in July 2015 and
engineering and management assistance contracts (Russia, Morocco, Japan)). CDA
also owns stakes in 4 ski areas, including Chamonix.
During the financial year ended September 30, 2016, CDA facilities welcomed
nearly 22.5 million visitors and generated consolidated sales of 720.2 MEUR.

With more than 5,000 employees, Compagnie des Alpes works with its partners to
build projects that generate unique experiences, the opposite of a standardized
concept. Exceptional leisure activities for everyone.

CDA is included in the following indices: CAC All-Shares, CAC All-Tradable, CAC
Mid & Small et CAC Small.
ISIN: FR0000053324; Reuters: CDAF.PA ; FTSE: 5755 Recreational services

Contacts :

Compagnie des Alpes :
Denis HERMESSE        +33 1 46 84 88 97   denis.hermesse@compagniedesalpes.fr
Sandra PICARD         +33.1 46 84 88 53   sandra.picard@compagniedesalpes.fr
Alexis d'ARGENT       +33 1 46 84 88 79   alexis.dargent@compagniedesalpes.fr

Thomas Marko & Associés :
Xavier YVON           +33.6 88 29 72 37   xavier.y@tmarkoagency.com

COMPAGNIE DES ALPES's latest news

23/04/2024 17:50

COMPAGNIE DES ALPES (EPA:CDA) - CDA // Disposal of the Fort Fun amusement park in Germany – conditions precedent lifted

Transparency directive : regulatory news

COMPAGNIE DES ALPES's latest news

Other stories