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NEWS
Merlin Entertainments conjures steady growth figures
POSTED 27 Feb 2014 . BY Chris Dodd
The entertainments group saw increases in revenue, profit and visitor numbers during 2013 Credit: Shutterstock.com/foto76
Merlin Entertainments plc enjoyed a positive year in 2013, with the attractions company reporting like-for-like revenue growth of 6.7 per cent.

Merlin, which saw a successful launch on the London Stock Exchange in November, also posted an overall year-on-year visitor increase of 10.9 per cent across its range of attractions.

Other figures show a jump in EBITDA from £346m (US$575m, €421m) in 2012 to £390m (US$648m, €474m) by the end of last year, as well as an operating profit increase of 12.3 per cent.

The company has invested £95m (US$158m, €115m) in its estate and says this has underpinned its growth.

In addition, Merlin cites the successful roll-outs of its midway attractions across the world last year, with further openings due in the next couple of years.

“With seven new attractions in 2013, we're making good progress towards our stated long-term aim of a geographically diversified business, generating revenues equally across Europe, the Americas and Asia Pacific,” said CEO Nick Varney.

“At the same time, we delivered on our long-standing objective of becoming a publicly listed company.

“The flotation of Merlin has given us the platform for the next stage of development and we're better placed to continue to build this robust, diversified business, based on our iconic attractions and determination to deliver memorable days out for our millions of visitors in 22 countries, across four continents.”

Merlin's expansion will continue with the launch of Shrek’s Far Far Away Adventure, a strategic alliance with DreamWorks. The two companies will collaborate on the new midway brand – defined by Merlin as a mid-scale branded attraction.

Six attractions will open over nine years in international city locations, with the first to debut in London during summer 2015.
MORE NEWS
Disneyland Paris renames theme park as part of $2 billion transformation
Disneyland Paris has unveiled a new name for Walt Disney Studios Park as part of the park’s US$2 billion transformation.
UK's Royal attractions had a bumper year in 2023
Numbers from the Association of Leading Visitor Attractions, (ALVA) show that Royal attractions saw a huge increase in visitor numbers during 2023 – the coronation year of King Charles III.
Efteling to convert steam trains to electric as part of green drive
The Everyday Heritage initiative celebrates and preserves working class histories
Off the back of the success of the first round of Everyday Heritage Grants in 2022, Historic England is funding 56 creative projects that honour the heritage of working-class England.
+ More news   
LATEST JOBS
Director of Operations
Active Luton
Salary: £61,000 - £64,000 + exceptional pension + excellent benefits
Job location: Luton , United Kingdom
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COMPANY PROFILES
Alterface

Alterface’s Creative Division team is seasoned in concept and ride development, as well as storyte [more...]
Clip 'n Climb

Clip ‘n Climb currently offers facility owners and investors more than 40 colourful and unique Cha [more...]
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Founded in 2014, Red Raion is the CGI studio for media-based attractions. [more...]
TechnoAlpin

TechnoAlpin is the world leader for snowmaking systems. Our product portfolio includes all different [more...]
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FEATURED SUPPLIER

CSI Design Expo Americas 2024 announces new Attractions & Entertainment Technology Zone
Cruise Ship Interiors (CSI) invites cruise lines, shipyards, design studios, outfitters, and suppliers to take part in CSI Design Expo Americas in Miami, Florida, the region’s only event dedicated to cruise ship interior design. [more...]
CATALOGUE GALLERY
 

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DIARY

 

18-22 May 2024

Eco Resort Network

The Ravenala Attitude Hotel, Mauritius
23-24 May 2024

European Health Prevention Day

Large Hall of the Chamber of Commerce (Erbprinzenpalais), Wiesbaden, Germany
+ More diary  
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Jobs    News   Products   Magazine   Subscribe
NEWS
Merlin Entertainments conjures steady growth figures
POSTED 27 Feb 2014 . BY Chris Dodd
The entertainments group saw increases in revenue, profit and visitor numbers during 2013 Credit: Shutterstock.com/foto76
Merlin Entertainments plc enjoyed a positive year in 2013, with the attractions company reporting like-for-like revenue growth of 6.7 per cent.

Merlin, which saw a successful launch on the London Stock Exchange in November, also posted an overall year-on-year visitor increase of 10.9 per cent across its range of attractions.

Other figures show a jump in EBITDA from £346m (US$575m, €421m) in 2012 to £390m (US$648m, €474m) by the end of last year, as well as an operating profit increase of 12.3 per cent.

The company has invested £95m (US$158m, €115m) in its estate and says this has underpinned its growth.

In addition, Merlin cites the successful roll-outs of its midway attractions across the world last year, with further openings due in the next couple of years.

“With seven new attractions in 2013, we're making good progress towards our stated long-term aim of a geographically diversified business, generating revenues equally across Europe, the Americas and Asia Pacific,” said CEO Nick Varney.

“At the same time, we delivered on our long-standing objective of becoming a publicly listed company.

“The flotation of Merlin has given us the platform for the next stage of development and we're better placed to continue to build this robust, diversified business, based on our iconic attractions and determination to deliver memorable days out for our millions of visitors in 22 countries, across four continents.”

Merlin's expansion will continue with the launch of Shrek’s Far Far Away Adventure, a strategic alliance with DreamWorks. The two companies will collaborate on the new midway brand – defined by Merlin as a mid-scale branded attraction.

Six attractions will open over nine years in international city locations, with the first to debut in London during summer 2015.
MORE NEWS
Disneyland Paris renames theme park as part of $2 billion transformation
Disneyland Paris has unveiled a new name for Walt Disney Studios Park as part of the park’s US$2 billion transformation.
UK's Royal attractions had a bumper year in 2023
Numbers from the Association of Leading Visitor Attractions, (ALVA) show that Royal attractions saw a huge increase in visitor numbers during 2023 – the coronation year of King Charles III.
Efteling to convert steam trains to electric as part of green drive
The Everyday Heritage initiative celebrates and preserves working class histories
Off the back of the success of the first round of Everyday Heritage Grants in 2022, Historic England is funding 56 creative projects that honour the heritage of working-class England.
Universal announces long-awaited details of its Epic Universe, set to open in 2025
Universal has revealed it will be adding new Harry Potter attractions, alongside Super Nintendo and How to Train Your Dragon worlds to its Florida resort.
Heartbreak for Swedish theme park, Liseberg, as fire breaks out
A fire has destroyed part of the new water world, Oceana, at Liseberg in Sweden, and a construction worker has been reported missing.
+ More news   
 
COMPANY PROFILES
Alterface

Alterface’s Creative Division team is seasoned in concept and ride development, as well as storyte [more...]
Clip 'n Climb

Clip ‘n Climb currently offers facility owners and investors more than 40 colourful and unique Cha [more...]
Red Raion

Founded in 2014, Red Raion is the CGI studio for media-based attractions. [more...]
TechnoAlpin

TechnoAlpin is the world leader for snowmaking systems. Our product portfolio includes all different [more...]
+ More profiles  
FEATURED SUPPLIER

CSI Design Expo Americas 2024 announces new Attractions & Entertainment Technology Zone
Cruise Ship Interiors (CSI) invites cruise lines, shipyards, design studios, outfitters, and suppliers to take part in CSI Design Expo Americas in Miami, Florida, the region’s only event dedicated to cruise ship interior design. [more...]
CATALOGUE GALLERY
+ More catalogues  
DIRECTORY
+ More directory  
DIARY

 

18-22 May 2024

Eco Resort Network

The Ravenala Attitude Hotel, Mauritius
23-24 May 2024

European Health Prevention Day

Large Hall of the Chamber of Commerce (Erbprinzenpalais), Wiesbaden, Germany
+ More diary  
 


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Leisure Media
Tel: +44 (0)1462 431385

©Cybertrek 2024

ABOUT LEISURE MEDIA
LEISURE MEDIA MAGAZINES
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