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NEWS
Six Flags marks record revenues in latest earnings report
POSTED 24 Jul 2015 . BY Tom Anstey
In this most recent quarter, nearly nine million people visited one of Six Flags’ theme parks, a 9 per cent increase compared to the same period in 2014
Six Flags enjoyed a successful second quarter in 2015, marking record financial performances for the three months ending in June.

The theme park operator recorded a net income of US$84.6m (€77m, £54.5m) in Q2, with revenues rising 3 per cent to US$386m (€350.7m, £248m).

Over the first six months of the financial year, Six Flags has seen revenues increase to US$471m (€429m, £303.3m), representing 5 per cent growth over that time period.

In this most recent quarter, nearly nine million people visited one of Six Flags’ theme parks, a 9 per cent increase compared to the same period in 2014.

In response to the results, Six Flags president and CEO, Jim Reid-Anderson, said the park was “highly encouraged by the trends, with strong momentum across all Six Flags parks.”

Andersen also attributed the boost in part to US$70m (€64m, £45m) worth of capital improvements at its parks and to increased visitation by season pass holders, which were “working well” and offered “highly encouraging trends in our business.”

On a per-share basis, the Texas-based company recorded profits of 67 cents, surpassing stock market expectations and increasing slightly more than 7 per cent since the beginning of the year, with stock rising 12 per cent over the last 12 months.

RELATED STORIES
  Capcom and Six Flags team up for Street Fighter V experience


Following a successful partnership with Capcom for the launch of Monster Hunter 4, Six Flags has teamed up with the Japanese videogame company again, this time to bring a Street Fighter V experience to patrons across the US.
  Batman: The Ride is world's first 4D free-fly coaster


Six Flags Fiesta Texas has welcomed a world first to its theme park, a Batman- themed 4D free-fly coaster.
  Justice League: Battle for Metropolis comes to Six Flags Over Texas


Justice League: Battle for Metropolis is about to make its long-awaited debut at Six Flags Over Texas, with the attraction offering a one-of-a-kind interactive DC Universe experience.
  Environmental department tries to block Six Flags solar plan


The New Jersey Department of Environmental Protection is attempting to stop plans by Six Flags Great Adventure to cut down 19,000 trees to make way for a solar power facility by buying up the land on the site of the proposed energy generator.
MORE NEWS
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.
+ More news   
LATEST JOBS
Director of Operations
Active Luton
Salary: £61,000 - £64,000 + exceptional pension + excellent benefits
Job location: Luton , United Kingdom
Chief Executive Officer, Mount Batten Centre
Mount Batten Group
Salary: c£65,000pa + pension + benefits
Job location: mount batten centre, plymouth , United Kingdom
+ More jobs  

COMPANY PROFILES
Red Raion

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

iPlayCo was established in 1999. [more...]
Simworx Ltd

The company was initially established in 1997. Terry Monkton and Andrew Roberts are the key stakeh [more...]
DJW

David & Lynn Willrich started the Company over thirty years ago, from the Audio Visual Department [more...]
+ More profiles  
CATALOGUE GALLERY
 

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DIRECTORY
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08-08 May 2024

Hospitality Design Conference

Hotel Melià , Milano , Italy
10-12 May 2024

Asia Pool & Spa Expo

China Import & Export Fair Complex, Guangzhou, China
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NEWS
Six Flags marks record revenues in latest earnings report
POSTED 24 Jul 2015 . BY Tom Anstey
In this most recent quarter, nearly nine million people visited one of Six Flags’ theme parks, a 9 per cent increase compared to the same period in 2014
Six Flags enjoyed a successful second quarter in 2015, marking record financial performances for the three months ending in June.

The theme park operator recorded a net income of US$84.6m (€77m, £54.5m) in Q2, with revenues rising 3 per cent to US$386m (€350.7m, £248m).

Over the first six months of the financial year, Six Flags has seen revenues increase to US$471m (€429m, £303.3m), representing 5 per cent growth over that time period.

In this most recent quarter, nearly nine million people visited one of Six Flags’ theme parks, a 9 per cent increase compared to the same period in 2014.

In response to the results, Six Flags president and CEO, Jim Reid-Anderson, said the park was “highly encouraged by the trends, with strong momentum across all Six Flags parks.”

Andersen also attributed the boost in part to US$70m (€64m, £45m) worth of capital improvements at its parks and to increased visitation by season pass holders, which were “working well” and offered “highly encouraging trends in our business.”

On a per-share basis, the Texas-based company recorded profits of 67 cents, surpassing stock market expectations and increasing slightly more than 7 per cent since the beginning of the year, with stock rising 12 per cent over the last 12 months.

RELATED STORIES
Capcom and Six Flags team up for Street Fighter V experience


Following a successful partnership with Capcom for the launch of Monster Hunter 4, Six Flags has teamed up with the Japanese videogame company again, this time to bring a Street Fighter V experience to patrons across the US.
Batman: The Ride is world's first 4D free-fly coaster


Six Flags Fiesta Texas has welcomed a world first to its theme park, a Batman- themed 4D free-fly coaster.
Justice League: Battle for Metropolis comes to Six Flags Over Texas


Justice League: Battle for Metropolis is about to make its long-awaited debut at Six Flags Over Texas, with the attraction offering a one-of-a-kind interactive DC Universe experience.
Environmental department tries to block Six Flags solar plan


The New Jersey Department of Environmental Protection is attempting to stop plans by Six Flags Great Adventure to cut down 19,000 trees to make way for a solar power facility by buying up the land on the site of the proposed energy generator.
MORE NEWS
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.
Museum director apologises after comparing the city of Florence to a sex worker
Museum director Cecilie Hollberg has come under fire for comparing the city to a sex worker due to uncontrolled mass tourism.
+ More news   
 
COMPANY PROFILES
Red Raion

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

iPlayCo was established in 1999. [more...]
Simworx Ltd

The company was initially established in 1997. Terry Monkton and Andrew Roberts are the key stakeh [more...]
DJW

David & Lynn Willrich started the Company over thirty years ago, from the Audio Visual Department [more...]
+ More profiles  
CATALOGUE GALLERY
+ More catalogues  
DIRECTORY
+ More directory  
DIARY

 

08-08 May 2024

Hospitality Design Conference

Hotel Melià , Milano , Italy
10-12 May 2024

Asia Pool & Spa Expo

China Import & Export Fair Complex, Guangzhou, China
+ More diary  
 


ADVERTISE . CONTACT US

Leisure Media
Tel: +44 (0)1462 431385

©Cybertrek 2024

ABOUT LEISURE MEDIA
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