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clock Created with Sketch. 13/08/24
12:39
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Originally posted by bcc_100:
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Looking forward to the update on strategic review. It's all about the strategic review. The skydiving business is so profitable when it's humming. They've had so many issues affecting them over the last few years from covid to staff shortages to the lack of Chinese tourists. Because of that, they are carrying a fair bit of fixed costs through the business that will suppress margins until they get utilisation back to somewhere similar to where it was pre-covid. That will happen. The adventure business seems like a good earner and has much more flexibility through the cost base.
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Maybe Coast Entertainment (CEH) - formerly Ardent Leisure- could give them a call... spread the tourism exposure?
