Doppelmayr Reports Strong Financial Results

The Doppelmayr Group today reported positive results for fiscal year 2025-26, representing April 2025 through March 2026. The firm realized 109 ropeway systems and 45 logistics projects across 25 countries with revenue of €1.306 billion (US$1.506 billion). That represents a 9.1 percent increase versus fiscal year 2024-25. Employee headcount rose 5.4 percent to 3,987 FTEs worldwide. Doppelmayr does not publicly release profit figures.

Switzerland, France and Italy together comprised the largest share of revenue at approximately $467 million, with the marquee Campitello–Col Rodella 3S opening in the Dolomites and the first TRI-Line debuting in Hoch-Ybrig, Switzerland. The United States and Canada together formed Doppelmayr’s second largest market with approximately $346 million in revenue. Major projects here included the Explorer Gondola at Big Sky Resort and East Village Gondola at Deer Valley. Doppelmayr’s home market of Austria represented approximately $286 million or 19 percent of revenue. Latin America, Southeast Asia and Central/Eastern Europe each accounted for under five percent while the rest of the world made up 15 percent of revenue. “Our markets once again proved very robust in the business year 2025/26,” noted Thomas Pichler, Managing Director of Doppelmayr Holding SE. “We successfully implemented numerous extraordinary projects extending from Austria and the entire Alpine region to North America and Asia. This broad international positioning provides stability while also opening up new opportunities for further growth.”

The company described current conditions in certain markets as “challenging.” In the United States and Canada, project count is down about 20 percent this calendar year from last year. Doppelmayr remains bullish on the future, however. The 133-year-old company expects to open new country headquarters and manufacturing hubs in Salt Lake City, Utah and Saint-Jérôme, Québec next month. “With its strong market position, innovative technologies, and broad international footprint, the Doppelmayr Group considers itself well equipped for the future,” Doppelmayr said. “In the years ahead, the company will continue to invest strategically in research and development, digitalization, and the further development of its sites and employees.”

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Loon Mountain Plans Gondola Replacement

One of the smallest-gauge gondolas in North American skiing could soon be headed for retirement. The Forest Service today posted Loon Mountain Resort’s application to replace the four passenger White Mountain Express Gondola with a 10 seat D-Line model from Doppelmayr. The new flagship would follow roughtly the same alignment and be constructed in 2027 or 2028. “The current gondola is one of the oldest detachable lifts in New England and nearing the end of its life cycle,” Loon wrote in its application to the White Mountain National Forest. “Visitation at Loon has increased significantly since 1988 when the current gondola was installed. Increasing the uphill capacity of the existing lift from 1,000 people per hour to approximately 1,800 to 2,400 people per hour would better serve guests.” Ten passenger cabins aren’t required to achieve such capacity but they’ve become the gold standard globally for gondolas. With ample space, families can ride together, lessons don’t need to split up and wheelchairs or mountain bikes are easily accommodated. Loon’s parent company, Boyne Resorts, recently partnered with Doppelmayr to install a similar 10 place gondola at Big Sky Resort. Like at Big Sky, I expect the new Loon gondola will feature Omega V cabins, heated seats and a direct drive.

The bottom terminal will move uphill and out of the Octagon Lodge while the top terminal will sit near the current one. Carrier parking will be included at one or both stations. The 7,000 foot long lift line will need to be widened from 35 feet to 65 feet, resulting in up to five acres of disturbance. At last week’s National Ski Areas Association convention, Under Secretary of Agriculture for Natural Resources and Environment Michael Boren told the industry the Forest Service plans to work expeditiously moving projects through environmental reviews. The Forest Service expects to analyze Loon’s project via a Categorical Exclusion, the lowest of three levels under the National Environmental Policy Act. A smaller pulse gondola project is also currently under review by the Town of Lincoln, which would connect Loon’s South Peak base with RiverWalk Resort at Loon Mountain. It’s possible Doppelmayr could construct both lifts at the same time.

When Loon’s existing gondola is retired, Telluride and Deer Valley will operate the only remaining four place gondolas in North American skiing.

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