COMPAGNIE DES ALPES (EPA:CDA) - CDA - Update on the COVID 19 (16th March 2020)
Transparency directive : regulatory news
15/03/2020 22:09
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Press Release
UPDATE ON THE COVID-19 AND ITS CONSEQUENCES
Paris, 16 March 2020 - "We are going through an unprecedented period that
requires citizenship, solidarity and responsiveness. Our Group follows, day
after day, with the greatest attention each new development linked to the
coronavirus (COVID-19) and its spread, especially in the regions where its
sites - ski areas and leisure parks - are established. We are in permanent
contact with the local authorities concerned and follow as closely as possible
the requirements of the authorities of each country where we are present. This
has led us to temporarily close all of our leisure parks and, in conjunction
with our delegating authorities, to end the season for ski areas. Our top
priority is the health of our employees and all of the people with whom our
organization interacts" Says Dominique Marcel, Chief Executive Officer of
Compagnie des Alpes
We ensure our customers of our full mobilization to inform them and process if
necessary requests for postponement, credit or reimbursement. We invite them to
refer to the websites of each of our
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.) and 12 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, CDA facilities welcomed
nearly 23.5 million visitors and generated consolidated revenue of EUR854.0
million.
With nearly 5,000 employees, Compagnie des Alpes works with its partners to
build projects that generate unique experiences, the opposite of a standardised
concept. Exceptional leisure activities for everyone.
CDA is included in the following indices: CAC All-Shares, CAC All-Tradable, CAC
Mid & Small and 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
Corpus:
Xavier YVON +33 6 88 29 72 37 xavier.yvon@corp-us.fr