"25 % of EBIT is from tourism".
Senderos, thank you for that helpful post. To take it a bit further, I am assuming that one of the early easing actions will be to allow locals to travel locally again for holidays, providing there is no congregating in groups of course. If this does happen within the next month or so, then the tourist cabins in their parks could be filled again very quickly (noting that locals who cannot travel overseas will choose local instead), leaving maybe 4 months of almost no tourism revenue. So the EBIT impact could be closer to 10% depending on what the costs were in that 4 months.
As markets are foward looking, I think the share price could recover very quickly once the tourist cabins fill again.
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