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NEWS
Six Flags revenue grows 7 per cent in Q3 2018 despite weather
POSTED 26 Oct 2018 . BY Luke Cloherty
Revenue for the year to date has seen an uplift of 8 per cent to US$1.2bn

Without any doubt, this was the worst third quarter weather we had experienced since I came to the company nine seasons ago
– Jim Reid-Anderson
Six Flags’ latest financial figures for Q3 2018 show continued growth across the board, with uplifts in revenue and net income on the same period in 2017, as the firm gets ever-closer to a consecutive ninth year of record financial performance.

Revenue for the quarter increased by US$39m (€34.2m, £30.2m), or 7 per cent, from Q3 2017 to US$620m (€543.9m, £480.5m). The company attributed this growth mainly to a 42 per cent increase in sponsorship, international agreements and accommodations revenue.

Net income for the quarter increased US$3m (€2.6m, £2.3m), or 2 per cent, to compared to Q3 2017, while adjusted earnings before interest, taxes, depreciation, and amortisation (EBITDA) also rose 2 per cent to US$307m (€269.3m, £237.9m).

Revenue for the year to date has seen an uplift of 8 per cent to US$1.2bn (€1.1bn, £930m) on the 2017 figures to Q3, while net income grew US$21m (€18.4m, £16.3m), or 12 per cent and adjusted EBITDA increased 6 per cent to US$458m (€401.7m, £355m).

All of this financial growth has occurred despite weather conditions slightly stymying attendance growth, according to Jim Reid-Anderson, chair, president and CEO of Six Flags.

“Although we did not experience the dramatic hurricane events of last year's third quarter, the weather was a net drag on attendance growth during Q3,” he said, speaking during an earnings call.

“Sustained rain on the East Coast, coupled with heat and rain in Texas, did not allow us to gain the expected weather advantage over 2017. In addition, severe flooding at Six Flags Over Texas and Hurricane Harbor, Arlington forced us to temporarily close those parks in late September.

“Without any doubt, this was the worst third quarter weather we had experienced since I came to the company nine seasons ago. The weather had a significant adverse impact, hundreds of thousands of visits worse than both the nine-year average and versus 2017 – hard as that may seem to believe.

“With the addition of Magic Waters in Rockford, Illinois next year, we will have 26 parks in our system, increasing our addressable market and making us more geographically diverse.”
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NEWS
Six Flags revenue grows 7 per cent in Q3 2018 despite weather
POSTED 26 Oct 2018 . BY Luke Cloherty
Revenue for the year to date has seen an uplift of 8 per cent to US$1.2bn
Without any doubt, this was the worst third quarter weather we had experienced since I came to the company nine seasons ago
– Jim Reid-Anderson
Six Flags’ latest financial figures for Q3 2018 show continued growth across the board, with uplifts in revenue and net income on the same period in 2017, as the firm gets ever-closer to a consecutive ninth year of record financial performance.

Revenue for the quarter increased by US$39m (€34.2m, £30.2m), or 7 per cent, from Q3 2017 to US$620m (€543.9m, £480.5m). The company attributed this growth mainly to a 42 per cent increase in sponsorship, international agreements and accommodations revenue.

Net income for the quarter increased US$3m (€2.6m, £2.3m), or 2 per cent, to compared to Q3 2017, while adjusted earnings before interest, taxes, depreciation, and amortisation (EBITDA) also rose 2 per cent to US$307m (€269.3m, £237.9m).

Revenue for the year to date has seen an uplift of 8 per cent to US$1.2bn (€1.1bn, £930m) on the 2017 figures to Q3, while net income grew US$21m (€18.4m, £16.3m), or 12 per cent and adjusted EBITDA increased 6 per cent to US$458m (€401.7m, £355m).

All of this financial growth has occurred despite weather conditions slightly stymying attendance growth, according to Jim Reid-Anderson, chair, president and CEO of Six Flags.

“Although we did not experience the dramatic hurricane events of last year's third quarter, the weather was a net drag on attendance growth during Q3,” he said, speaking during an earnings call.

“Sustained rain on the East Coast, coupled with heat and rain in Texas, did not allow us to gain the expected weather advantage over 2017. In addition, severe flooding at Six Flags Over Texas and Hurricane Harbor, Arlington forced us to temporarily close those parks in late September.

“Without any doubt, this was the worst third quarter weather we had experienced since I came to the company nine seasons ago. The weather had a significant adverse impact, hundreds of thousands of visits worse than both the nine-year average and versus 2017 – hard as that may seem to believe.

“With the addition of Magic Waters in Rockford, Illinois next year, we will have 26 parks in our system, increasing our addressable market and making us more geographically diverse.”
MORE NEWS
Mubadala makes €1 billion bid for Pierre and Vacances
Abu Dhabi-based investment firm Mubadala Capital has made a binding, fully financed €1 billion offer to acquire Pierre and Vacances SA, the European holiday resort operator behind the continental European Center Parcs business.
Expo 2030 Riyadh will create a permanent global destination
Expo 2030 Riyadh is being planned as a permanent visitor destination, with organisers confirming the six-million-square-metre site will become a Global Village after the event closes.
Australian waterpark acquisition creates new leisure attractions group
The owner of one of Australia's best-known waterparks has acquired a major competitor, creating a new attractions business spanning two of the country's largest visitor destinations.
London Museum reveals 2026 opening date for new Smithfield home
The London Museum’s new site will open in Smithfield, East London, on 28 November 2026.
Toverland unveils €98m expansion plan as park prepares to launch resort development
The Toverland theme park in the Netherlands has announced a €98m expansion programme that will add a resort, new attractions and staff facilities as it pursues plans to become a multi- day destination.
Butterfly sanctuary to host hot yoga during retreat at Jersey Zoo for Hotel de France
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COMPANY PROFILES
Alterface

Alterface’s Creative Division team is seasoned in concept and ride development, as well as storyte [more...]
QubicaAMF UK

QubicaAMF is the largest and most innovative bowling equipment provider with 600 employees worldwi [more...]
Sally Corporation

Our services include: Dark ride design & build; Redevelopment of existing attractions; High-quality [more...]
IAAPA EMEA

IAAPA Expo Europe was established in 2006 and has grown to the largest international conference and [more...]
+ More profiles  
CATALOGUE GALLERY
+ More catalogues  
DIRECTORY
+ More directory  
DIARY

 

23-26 Aug 2026

Elevate Spa Riviera Maya Edition

The Riviera Maya Edition Kanai, Playa del Carmen, Mexico
29 Sep - 02 Oct 2026

Synergy - The Retreat Show

Pical Resort, Valamar Collection, Porec, Croatia
+ More diary  
 


ADVERTISE . CONTACT US

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Tel: +44 (0)1462 431385

©Cybertrek 2026

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