Doppelmayr Revenues Reach $880 Million in 2015/16

2015/16 was the second best year in Doppelmayr’s history, the company reported yesterday. Sales increased 5 percent over last year, reaching €834 million ($880.3 million.) Global headcount also rose by 127 employees to 2,673, half of which work in Austria.  Net income was €80 million.

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The largest market for Doppelmayr in 2015 continued to be Austria, followed by Switzerland, France and Italy.  Latin America now accounts for 16 percent of the global total, higher than North America.  Southeast Asia, namely Vietnam, is a key emerging market for the company.  By the end of next year, Doppelmayr will have completed the world’s longest mono-cable gondola, the longest 3S, the largest aerial tramway and built the tallest towers in the rapidly-developing nation.

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The United States and Canada fell to 5th among Doppelmayr’s largest markets in 2015/16.

Winter resorts accounted for 82 of Doppelmayr’s 103 projects last year.  That means about 20 percent fell into the tourism, material transport and urban transportation categories. 103 is actually a ten year low in terms of number of projects, but those realized in 2015/16 tended to be large.  Some highlights from last fiscal year include:

In 2016/17, Doppelmayr will realize three more gondolas in La Paz, new lifts for the Olympic Games in South Korea, along with a spectacular 3S gondola connecting three islands to the mainland in South Vietnam.  Doppelmayr USA and Doppelmayr Canada will complete a two-stage gondola at the Yellowstone Club and fixed-grip chairlifts in Maine and Quebec.

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Wholly-owned Doppelmayr subsidiaries include aerial tramway-builder Garaventa AG, CWA Constructions of Switzerland and Doppelmayr Cable Car.  A new €57 million corporate headquarters is under construction for the group in Wolfurt and Doppelmayr aims to concentrate more administration and manufacturing in the Austrian town by 2025.

6 thoughts on “Doppelmayr Revenues Reach $880 Million in 2015/16

  1. Jeff Lynne's avatar Jeff Lynne November 23, 2016 / 7:20 pm

    I really wish that Doppelmayr or Leitner Poma would sell shares of their company to the public. One could make some money, especially with the increasing popularity of urban cable.

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    • Peter Landsman's avatar Peter Landsman November 27, 2016 / 6:58 pm

      MND Group, which owns LST, is a publicly-traded company.

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  2. d howe's avatar d howe November 26, 2016 / 1:54 pm

    Is there any difference between a Garaventa chairlift and a Doppelmayr chairilft these days? Or is Garaventa just a brand name to use in Switzerland?

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      • Mike Turley's avatar Mike Turley November 27, 2016 / 12:17 pm

        No two lifts are ever exactly the same. Even on the insides.

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