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  1. themeparkgc

    Financial results

    So financial results for 2011-2012 have recently been released and I thought I'd make this topic as a stub for discussion when future results are released as well. Ardent Leisure on the whole improved but the theme park division suffered immensely. Revenue dropped 7.7% as a result of a 21.8% drop in attendance. The company blames this on the rainfall that the coast has received during the holiday periods. Their outlook mentions the destined for December this year. Full results presentation is available here. Village Roadshow also had a drop in profit for its Gold Coast parks ($33.2m to $29.3m) which could be partially attributed to a slight decrease in attendance of 300,000. The US water parks are looking like they will make a profit in the next financial year, settling with a loss of $800,000 this year. They report the best ever launch for the VIP pass this year and plan to spend between $25 and $30 million this financial year on the parks. Also, Wet'n'Wild Sydney is still scheduled to open in December next year. Full results presentation is available here. Below is an article from the Gold Coast Bulletin about the results: http://www.goldcoast...t-business.html Thoughts?