TL;DR
The HTI Group has reported stable sales of €1.4 billion for 2024, while increasing investments in R&D, employee training, and infrastructure. The company plans further expansion in urban cable car projects and winter technologies for 2025.
HTI Group Reports Stable Sales and Increased Investments for 2024
The HTI Group, a global leader in cable car systems and winter technologies, has announced its financial results for 2024. The company maintained its sales at €1.4 billion, matching the previous year's figures. Despite economic challenges, HTI increased its investments in research and development to €41 million and allocated €3 million for employee training and development. The group, which operates in 89 countries, saw its workforce grow to over 4,800 employees.
HTI's President Anton Seeber emphasised the company's ability to adapt to changing global conditions. The group's focus on innovation, sustainability, and internationalisation has driven its continued growth. In 2024, HTI expanded its operations with new production facilities in the USA and Canada, and a logistics centre in Italy. The company also completed several notable projects, including nine new cable car systems in Italy and the installation of the 'Jandri' tricable gondola in Les Deux-Alpes, France.
In the energy sector, HTI's subsidiary Leitwind constructed its first wind farm in Sicily, while Troyer, the group's hydropower company, celebrated its 90th anniversary. These developments showcase HTI's commitment to diversifying its product range and expanding into sustainable energy solutions.
Looking ahead to 2025, HTI plans to focus on urban cable car systems, a sector experiencing significant growth. Key projects include new installations in Mexico City, El Salvador, and Santo Domingo. The company is also optimistic about potentially constructing Italy's first urban gondola lift in Trieste. In the winter sports sector, HTI continues to innovate with new snow-making technologies and grooming vehicles.
HTI's winter technologies division remains a core part of the business. The company introduced the Evo 4.0 snow gun, which offers higher production with lower energy consumption, and unveiled new transport cabins for its Leitwolf and Bison snow groomer models. These advancements demonstrate HTI's ongoing commitment to improving efficiency and sustainability in ski resort operations.
About the author
Michael Fulton
Melbourne-based skier and snowboarder with 50+ resorts across 5 continents. Specialises in Australian resorts and international resort comparisons.
