Instrument name
ISIN code
Exchange / Market
Euronext Growth
Trading location
Products family
Heavy Construction
IPO date
Issue type
Euronext to Euronext Growth

Company profile

MND Group (Montagne et Neige Développement) is one of the world's leading industrial companies holding a comprehensive range of products and services dedicated to the development, planning and the security of ski areas, recreational sites, access roads and other mountain infrastructure. As a player in a sector of French excellence, the group is a reference industrial partner in the fields of mobility, safety and leisure. The harmonious and innovative development of cable transport infrastructures, safety processes, snowmaking systems or sensational leisure facilities requires a global approach. This industrial vision, which enables the group to operate in all major international markets, provides a useful and effective response to multiple stakeholders, to facilitate their projects and satisfy end users. Net sales break down by activity as follows:
  • design and manufacture of snowmaking and ski lift systems (64%): snowmaking pole, fans, fixed grip chairlifts, lifts conveyor belts and etc.;
  • design and manufacture of security systems and entertainment facilities (36%): remote preventive avalanche triggering systems, rockfall protection passive systems, avalanche barriers, marking, rescue equipment, safety nets, zip lines, high-rise routes, rail sleds and etc.
At the end of June 2019, the group operated 5 production sites located in Europe. Net sales break down geographically as follows: France (41%), Europe (37.1%), China (11.5%), the United States (6.2%), and other (4.2%).

Source: Cofisem - Last Update: 20 Mar 2020
Key Executives
Chairman and Chief Executive Officer Xavier Gallot-Lavallée
Deputy CEO Roland Didier
Investor Relations Director Roland Didier
Source: Cofisem - Last Update: 10 Mar 2020
Key figures
Millenium 2018 2017 2016 2015 2014
Net sales 57,288 87,599 76,440 67,603 61,444
Income from ordinary activities 57,288 87,599 76,440 67,603 61,444
Operating income -52,250 1,132 3,120 976 -3,855
Cost (net) of financial indebtedness -3,531 -1,629 -1,391 -1,208 -1,301
Equity-accounted companies' contribution to results
Net profit from discontinued activities
Net income -65,327 -2,412 2,224 514 -2,300
Net income (Group share) -64,819 -2,717 2,226 505 -2,300
Fiscal year end 6.19 3.18 3.17 3.16 3.15
Length of fiscal year (month) 12 12 12 12 12
Currency & Unit EUR - thousands EUR - thousands EUR - thousands EUR - thousands EUR - thousands
Account Standards
Source: Cofisem - Last Update: 20 Mar 2020
Shareholder information
Montagne et Vallée 87.24 %
Flottant 12.58 %
Treasury stock 0.10 %
Equity 5 0.08 %
Source: Cofisem - Last Update: 30 Sep 2019