Whistler Blackcomb nets 448million in opening quarter

Whistler Blackcomb Holdings Inc. says it logged net earnings of $44.8 million in the first quarter, or 81 cents per share.That’s down from net earnings of $50.8 million, or $1.02 per share, in the same January-to-March period a year earlier.Revenues reached $125.5 million in the quarter, which represents an increase of $12.4 million over the same periods in the prior year.The increase was primarily the result of increased destination guests and associated revenue per visit.As of March 31, 2012, total pass and card sales reached $41.5 million — a record for Whistler Blackcomb, exceeding last year’s record sales to March 31, 2011.Skier visits were 1.338 million in the quarter — an increase of 9.2 per cent over the same period last year.

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