64th AGM Of Gletscherbahnen Kaprun AG Held

The board of directors of the leading tourism company based in Kaprun had consistently positive things to report to the company's shareholders at the 64th annual general meeting on April 24th about the 2022/23 financial year - from historic highs to successful construction projects and significant milestones on the road Path to an increasingly climate-friendly corporate future.

From October 2022 to September 2023, Gletscherbahnen Kaprun AG generated sales revenues of 63.8 million euros and thus achieved an annual profit of 8.8 million euros. The comparison to the previous year shows an increase in revenue of 37 percent. These are the highest values ever achieved in the company's history. The same applies to the number of guests: 1,265,812 people visited the Kitzsteinhorn and the Maiskogel during this time - an increase of 21 percent compared to the previous year. In addition, the proportion of mountain nature experience guests in relation to snow sports enthusiasts has continued to rise - a trend that has continued for years and shows: people accept the variety of nature-oriented offers on both Kaprun's local mountains and, in addition to skiing and... Experience snow, nature and panoramic enjoyment.

Construction & investment activities

In the 2022/23 financial year, Gletscherbahnen Kaprun AG

The Alpine Center at 2,450 meters is visually adapted to the modern Alpine zeitgeist.
Thanks to a new elevator system, access from the ground floor to the restaurant on the first floor is now barrier-free.
The Skyline Bar in the Alpincenter was newly built. Panoramic windows with a view of the surrounding mountains in combination with selected building materials such as Rauris natural stone and a creative lighting concept create a noble atmosphere.
The new employee housing “Kitz Camp” was built in Kaprun. On the 700 square meter property, 14 small apartments offer seasonal workers attractive temporary living space.
A second Maisilift was installed on the Maiskogel. The new drag lift system has doubled the capacity in the popular beginners area and significantly improved the offering for ski school lessons.

Sustainability & energy efficiency

In the 2022/23 financial year, Gletscherbahnen Kaprun AG

Expanded their photovoltaic systems by an area of around 1,500 m². With a peak output of 390 kilowatt peak, all PV systems can be expected to produce an annual production output of around 400,000 kWh.
The operation of all company-owned snow groomers, construction machines and vehicles was switched to fossil-free HVO100 fuel, thereby reducing CO2 emissions by 90 percent or 1,300 tons per year.
All carpool buses for employees were converted to electric drives and the necessary charging infrastructure was created in the area of the valley station.
The gas boiler at the “Team Camp” employee residence was replaced with a heat pump system with a deep borehole, which means that all company-owned systems and company buildings are now heated fossil-free.
The company's own electricity generation and energy production from renewable energy sources - namely solar energy, hydropower, geothermal energy and the energy recovery from drive motors of various systems - amounts to around 2,200,000 kWh annually.

In addition, Gletscherbahnen Kaprun AG obtains 100 percent of its electricity from renewable, CO2-neutral energy sources. Since January 2024, the electrical energy for all company-owned operating systems has been purchased by VERBUND Energy4Business GmbH directly from the Kaprun power plants as green electricity. The measure brings a significant synergy advantage with regard to maintaining the regional circular economy, including in the energy sector.

OUTLOOK

In the current 2023/24 financial year, autumn skiing on the Kitzsteinhorn only started on November 3rd due to the warmest September and October in the history of measurements. However, the delay was quickly made up for by the following meteorological developments. February and March in particular were characterized by warmer than average temperatures. When it rained in valley areas, there was plenty of fresh snow in the glacier ski area. The excellent range of slopes attracted many guests to the Kitzsteinhorn. The excellent snow conditions guarantee the best conditions for sunny skiing until the end of May.

FINANCIAL YEAR 2022/2023 (October 1, 2022 – September 30, 2023)

Numbers at a glance