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News: VRL Village Roadshow expects FY17 EBITDA for a certain division to be about $55 million

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    18/07/17
    10:00
    Post #: 25922805

    July 18 (Reuters) - Village Roadshow Ltd (VRL) :

    • Now expected that FY17 EBITDA for total theme parks division 1 will be about $55 million
    • FY17 EBITDA for cinema exhibition division 2 is now expected to be behind prior year which was an all time record performance
    • VRL now expects attributable net profit after tax before material items and discontinued operations to be $20 - 23 million
    • VRL expects to recognise an impairment of wet'n'wild Sydney assets of approximately $65 million pre-tax
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