COMPAGNIE DES ALPES (EPA:CDA) - CDA - RESULTS OF THE COMBINED ORDINARY AND EXTRAORDINARY SHAREHOLDERS’ MEETING

Transparency directive : regulatory news

05/03/2020 19:03

Press Release

RESULTS OF THE COMBINED ORDINARY AND EXTRAORDINARY SHAREHOLDERS' MEETING OF
                        MARCH 5, 2020 AND TRADING UPDATE

Paris, 5 March 2020 - The Compagnie des Alpes Combined Ordinary and
Extraordinary Shareholders' Meeting was held on Thursday 5 March 2020 at 2:30
p.m. at the Théâtre Mogador, 25 rue de Mogador - 75009 Paris.

226 shareholders were present. With those represented or voting by
correspondence, the Meeting met quorum requirements on first call, with 70.94%.

All of the resolutions on the agenda were approved by wide margins, with the
exception of the nineteenth resolution (delegation in matters of capital
increases reserved for employees), which was rejected on the proposal of the
Board of Directors. The results of the votes can be viewed on the company's
website, on the Shareholders' Meeting page.

The dividend proposed by the Board of Directors (EUR0.70 per share, an increase
of 7.7% compared with the previous fiscal year) was approved. The ex-dividend
date will be 10 March, and payment will be made on 12 March 2020.

Discussions during the meeting also included the following points:

* The 2019/2020 ski season is progressing satisfactorily; at the end of the
  winter school holidays, cumulative activity will be up year on year.

* For leisure parks, first-quarter activity was particularly brisk. Noteworthy
  achievements include the new record set during the Halloween season, the
  success of the opening of Parc Asterix to the general public during the
  Christmas period and, naturally, the consolidation of Familypark following
  its acquisition in March 2019. The second quarter only accounts for around
  6% of full-year revenue in this business, as the majority of parks are
  closed. Growth has been in double digits so far this year. The rest of the
  season will be marked from the opening of the third hotel at Parc Astérix
  and the inauguration of major attractions at Futuroscope and Bellewaerde.

* The Group also signalled plans to continue to step up its efforts on its
  digital transformation and the priorities of its CSR strategy.

Dominique Marcel also noted that to date the coronavirus has not dampened
activity on those Compagnie des Alpes sites that are currently open (ski areas,
Grévin museums and Futuroscope). He stressed that the Group is monitoring
information and developments closely, and that it is fully mobilised to follow
recommendations issued by the authorities, and to take all necessary measures
and adapt them in line with fresh developments.]

Upcoming events and releases:

* 2nd quarter 2019/2020 sales:   Thursday, April 23, after market
* First half 2019/2020 results:  Tuesday, May 26, after market
* 3rd quarter 2019/2020 sales:   Thursday, July 23, after market

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.) and12 renowned leisure
destinations (Parc Astérix, Grévin, Walibi, Futuroscope, etc.), the company
is steadily expanding in Europe (France, the Netherlands, Belgium, etc.) and,
more recently, at the international level (Grévin Montréal in 2013, Chaplin's
World by Grévin Prague in April 2016, Familypark in Austria in April 2019 and
engineering and management assistance contracts (China, Russia, Georgia,
Kazakhstan, Turkey, Morocco, Japan)). CDA also owns stakes in 4 ski areas,
including Chamonix.

During the financial year ended 30 September 2019, it welcomed almost 23.5
million visitors and generated consolidated revenue of EUR854.0 million.

With almost 5,000 employees and partners, Compagnie des Alpes builds projects
that generate unique experiences as opposed to standardised concepts.
Exceptional leisure activities for the largest audience.

CDA is present in the CAC All-Shares, CAC All-Tradable, CAC Mid & Small and
CAC Small indexes.
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
Corpus:                 Xavier YVON +33 6 88 29 72 37
                        xavier.yvon@corp-us.fr

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23/04/2024 17:50

COMPAGNIE DES ALPES (EPA:CDA) - CDA - RESULTS OF THE COMBINED ORDINARY AND EXTRAORDINARY SHAREHOLDERS’ MEETING

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