EVT (ASX:EVT) said that its earnings before interest, taxation, depreciation, and amortization was AU$61.8 million in the September quarter, up 21% from the prior comparable period, according to a Monday Australian bourse filing.
Hotels is the priority segment for future growth, it noted. The Queenstown and Connect initiatives are expected to contribute AU$14 million to AU$18 million in incremental EBITDA from fiscal year 2025 to fiscal year 2028.
It completed the trial of an all-weather snow factory on Friday Flat within the year and is preparing the resort for future deployment of this technology over the next three to four years.
Its shares jumped 6% in recent trading on Friday.