Business

There is no question of Compagnie des Alpes “stealing clients”.

After two darkish years marked by a white season within the winter of 2020-2021, Compagnie des Alpes has been using excessive for nearly a yr. The vacation parks have been full throughout the summer time season and the hilly areas appeared promising once more throughout the winter season. However, this enchancment, which can materialize to return to profitability for the fiscal yr ending September 30, has been thwarted by the explosion in power prices.

Not sufficient to forestall ski lifts and different cable vehicles from operating at full pace this winter. “Signals are glorious to date”, Dominique Thilaud, managing director of Compagnie des Alpes, is delighted when discussing the outlook for this winter. He added: “Although this is nonetheless solely the start, the alerts are superb for Christmas in addition to the remainder of the season. We are comparatively assured. » Before and even after the reservation disaster, however “Hungry”.

This winter ought to be marked by the return of British vacationers who have been nonetheless absent final yr. Travelski Express, in partnership with Eurostar to serve Alpine resorts from the United Kingdom, shall be rescheduled all through the season. Dominique Thilaud, alternatively, confirms that the absence of Russian vacationers won’t have an effect on the areas he manages (La Plagne, Les Arcs, Tignes, Val d’Isère, Méribel, Les Menuires, Serre Chevalier and Grand Massif).

If the momentum continues, final winter’s outcomes (2021-2022) ought to be exceeded at the least in quantity. The latter has already fared very nicely within the final full winter (2018-2019) in turnover (+11% within the ski space, +16% to a complete of 541 million euros) as a perform of revenue (+56%) to 165 million euros).

Snowmaking, decarbonization, digital… “Mountains cannot dwell like they did 30 years in the past” (Dominique Thilaud, CEO of Compagnie des Alpes)

Lack of revenue

Volume is necessary, however they aren’t sufficient to ensure revenue. And within the present case, Compagnie des Alpes will endure from gasoline shortages. “As a public service delegate, we expose ourselves to good and unhealthy years. There, clearly, it is going to be a much less good yr in any case in comparison with electrical energy costs », voluntarily admit the chief. Fuel payments, which already rose 50% final winter, will rise 300% this yr. Despite a hedging system it ought to weigh about 15% of working prices, in comparison with about 4% earlier than the disaster.

“This is a systemic danger that requires a systemic answer. The European electrical energy pricing system hampers your complete economic system of French corporations. It is an amplifier of disaster, of absurdity. […] What is most pressing now for 2023 is an ultra-fast determination”, says Dominique Thilaud, concerning the electrical energy increase.

“The utilization is proportional to the fleet. We are clearly one of the largest customers with the domains we handle.”Acknowledges Dominique Thilaud earlier than vaguely including: “Anyway, we’ll open every thing up. There is no different choice, it is our accountability to our representatives, your complete ecosystem and above all, our clients. » This inflation of power consumption ought to due to this fact weigh closely.

Energy moderation. Power disaster threatens ski resorts (1/3)

Multiple disabilities

As the Compagnie des Alpes is handicapped by a big margin it is harder: as a result of public service nature of the ski lifts, they’re operated by non-public operators below concessions below Public Service Representatives (DSP), setting costs upfront. In this case, the Compagnie des Alpes selected its worth record final spring. Admittedly, the rise in electrical energy costs has already began to be felt, however barely lower than at current. The worth enhance of the bundle determined at the moment due to this fact partly takes into consideration this inflation. So it won’t be sufficient to soak up, leading to loss of revenue.

In distinction, different gamers similar to SNCF, Compagnie des Alpes can’t take benefit of the regulated entry to historic nuclear energy (Arenh) as a result of of the calculation interval for quota allocation (primarily based on consumption in April and June then September-October, when exercise within the fields is weakest). A scenario thought-about unfair by Dominique Thilaud, who admits to benefiting from it for his leisure parks.

Ski much less late, transfer extra slowly, develop ENR: “All tracks are studied” by the resort (2/3)

prudence

If he confirms that moderation shall be crucial, as already final winter, it is going to be utilized in phrases “To be invisible to clients” And so the main target is on non-performing areas with measures like heating cuts. So there is no question of decreasing the opening time or decreasing the pace of the ski elevate. “Customer Theft” As the CEO of Compagnie des Alpes clearly acknowledged.

After reiterating his needs “To get rid of the carbon footprint of Scope 1 and a couple of”Dominique Thilaud ensures that steps are applied to cut back emissions inside the station: snow groomers, the primary supply of air pollution, shall be equipped solely with biofuel (apart from used cooking oil, palm oil), and superior snow machines to cut back cannons by 15% water and electrical energy consumption. .

Dominique Thilaud is additionally working to complete his present fiscal yr as he waits for the winter season to start. It ends on September 30 and marks a return to revenue for Compagnie des Alpes after two years of losses. For the 2020-2021 monetary yr, the group misplaced greater than two thirds of its turnover in comparison with its pre-crisis values, reaching simply 241 million euros and recording a internet loss of 122 million euros general. In the primary three quarters of the present monetary yr, it has already achieved a turnover of 745 million euros (+18% in comparison with 2018-2019) and may exceed its pre-crisis degree.

Energy moderation: the ski resorts of Font-Romeu, Les Angles and Mont-Igoal are in search of options