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News: VRL Village Roadshow Ltd updates on outlook

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    April 24 (Reuters) - Village Roadshow Ltd (VRL)

    • theme parks division continued to be significantly impacted by tragedy which occurred at dreamworld, and was further affected by cyclonic weather conditions in march/april 2017.
    • believes that theme parks division will return to normal levels over time following key marketing campaigns and introduction of new attractions.
    • now expected that total theme park division's fy17 ebitda, excluding material items will be approximately $55 million - $65 million
    • sydney wet'n'wild has been similarly impacted, with second half of financial year 2017 expected to underperform first half of fy17.
 
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