AAD ardent leisure group

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    Ardent Leisure Group (ASX:AAD) has posted an 8.4 per cent improvement in its operating revenue to $288 million in the nine months to 31 March, despite wet weather conditions impacting its Queensland operations. 



    The theme park operator says its third quarter continued positive trading trends delivered in the first half, with revenue and earnings growth achieved across all divisions.



    Revenues from the company’s theme park business rose 4.1 per cent in the quarter, underpinned by growth in its health club division.



    Goodlife Health Clubs recorded a 23.4 per cent jump in revenues to $65.7 million.



    Though the company expects a downturn in the first three months of this year, Ardent says it is confident that growth will continue given normal trading conditions.



    In the first half of the 2011 financial year Ardent Leisure Group posted a net profit of $21.98 million.


 
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Currently unlisted public company.

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