AAD ardent leisure group

News: AAD Ardent Leisure says theme parks revenue fell 63 pct on PCP, from re-opening on Dec. 10

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    Jan 6 (Reuters) - Ardent Leisure Group (AAD) :

    • Dreamworld and Main Event Entertainment trading update-aad.ax
    • From reopening on 10 December 2016 to 31 December 2016 theme parks division recorded unaudited revenues of $3.66 million down 63.0% from PCP
    • Across both parks, 29 slides and rides (including 5 of "Big 9 thrill rides") are fully operational
    • Main Event Entertainment constant centres expected to track positively in H2 of FY2017, targeting low singledigit long term growth
    • Main Event Entertainment new centres continue to exceed average first year EBITDA ROI target of 30%
    • "Progressive reopening of Dreamworld's thrill rides throughout remainder of (Dec) month negatively impacted attendance and revenues"
 
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