SkiStar AB Q2 2024 Earnings Call Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: Karl-Johan Bonnevier - DNB Markets, Inc. - Analyst : Yes. Good morning, Stefan and Martin. Congratulations, first of all, to good operational and financial performance in the quarter. No question about that. A couple of detailed questions for me, especially, looking at the ski operations. When you look at what you have delivered in ski day so far this year, are we in -- do you feel like we are in line for a record season when it comes to the number ski of days when we sum up the fiscal year?

Question: Karl-Johan Bonnevier - DNB Markets, Inc. - Analyst : Sounds good. Sounds good. And when we look at the -- earlier in the year, you started an efficiency program that you said, there was some opportunities to optimize cost and (inaudible). Is that what we now see the full effect of it as well in the results or it's more to come there?

Question: Karl-Johan Bonnevier - DNB Markets, Inc. - Analyst : Excellent. And when we look at your hotel operations, obviously, that was a little of efficiency project also, particularly during last year. Do you feel that you have now the structure there and the operational performance that you were looking for?

Question: Karl-Johan Bonnevier - DNB Markets, Inc. - Analyst : Excellent. And I noticed when I looked at the CapEx budget, that you were highlighting SEK330 million for the coming year, which was slightly lower than I would have expected. And maybe just give us an update also where you see maybe CapEx ending up for this year? It also seem to be going at a slightly more reduced base speed than I was expecting?

Question: Karl-Johan Bonnevier - DNB Markets, Inc. - Analyst : And if I understand you right, Martin, that the SEK330 million, does that cover the both Trysil and +re projects?

Question: Karl-Johan Bonnevier - DNB Markets, Inc. - Analyst : Excellent. Perfect and I understand. Thank you very much, and all the best out there.

Question: Stefan Stjernholm - Nordea Bank Abp - Analyst : Hi. Can you hear me?

Question: Stefan Stjernholm - Nordea Bank Abp - Analyst : Good. A question on international guest. I'm sorry if I missed it during the presentation, but you've shared some numbers of the increase of international guests. But can you also say how many? What's the share of international guests of the total this year? And if you compare that a year back?

Question: Stefan Stjernholm - Nordea Bank Abp - Analyst : I see. And can you also see an increased interest from those international guests to book for -- during the summer or is it too early? REFINITIV STREETEVENTS | www.refinitiv.com | Contact Us consent of Refinitiv. 'Refinitiv' and the Refinitiv logo are registered trademarks of Refinitiv and its affiliated companies. MARCH 20, 2024 / 9:00AM, SKISb.ST - Q2 2024 SkiStar AB Earnings Call

Question: Stefan Stjernholm - Nordea Bank Abp - Analyst : Yeah. But then, the share is substantially lower during the summer from the Danish guests. A long-term potential then. Those were my question. Thanks.