Paris, 13 March 2020 - Compagnie des Alpes is carefully monitoring the
development and spread of the COVID-19 on a day-to-day basis in France and
Europe, in both its leisure destinations and its ski areas. The Group's main
priority and concern remains the health of its visitors and employees.
In France, Compagnie des Alpes manages two sites that are currently open:
Futuroscope and Grévin Paris. Following the presidential address of Thursday
12 March and in order to effectively combat the spread of COVID-19, in a spirit
of responsibility and national solidarity, the Group has decided to close these
two sites from Monday 16 March to Sunday 29 March inclusive. Parc Astérix and
France Miniature are scheduled to open on 4 April. Walibi Rhône-Alpes will
open next 11 April. Decisions to open these sites will be taken in accordance
with the recommendations of the public authorities.
In Belgium, the Federal Government has indicated that public places should be
closed and remain so until 3 April. Compagnie des Alpes is applying by this
decision and is closing its two water parks which have remained open to date:
Bellewaerde Aquapark and Aqualibi. As its two other sites (Walibi Belgium and
Bellewaerde) are not set to officially open until next 5 April, the decisions
to open these sites will also be taken in accordance with the recommendations
of the public authorities.
In Switzerland, in accordance with the Government's request, the Chaplin's
World site will remain closed until 30 April.
The five sites affected (two in Belgium, two in France and one in Switzerland)
traditionally generate less than EUR3.7 million in revenue in the second half
Its other parks, in the Netherlands (Walibi Holland) and Austria (Familypark)
are not due to reopen until the beginning of April and the group will adopt the
same decision-making process.
Finally, as regards ski areas, Compagnie des Alpes is in daily contact with the
competent authorities at the regional and national levels. To date, no decision
has been made to close any areas and therefore all 11 sites are open.
* Second-quarter revenue for FY 2019/2020:
Thursday 23 April after the stock market closes
* Half-year results for FY 2019/2020:
Tuesday 26 May after the stock market closes
* Third-quarter revenue for FY 2019/2020:
Thursday 23 July after the stock market closes
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,
During the financial year ended 30 September 2019, CDA facilities welcomed
nearly 23.5 million visitors and generated consolidated revenue of EUR854.0
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