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Merlin posts strong end of year results after successful 2014
POSTED 26 Feb 2015 . BY Tom Anstey
Merlin Entertainments CEO Nick Varney Credit: Merlin Entertainments
Merlin Entertainments has posted strong end of year results, recording a compounded annual growth rate from 2010 to 2014 of 12.6 per cent.

Over the year, Merlin generated £1.25bn (US$1.9bn, €1.7bn) in revenue, posting a £411m (US$637m, €561m) pre-tax profit. The attractions giant was able to deliver positive growth from existing attractions along with the continued rollout of its various brands.

2014 saw significant investment across Merlin’s 100-strong attractions portfolio. On the back of the highly successful Lego Movie, the Lego brand continued to expand, with new developments including Merlin’s seventh Legoland Discovery Center in the US, plans to open new Legoland theme parks in South Korea, Japan and Dubai, as well as a number of successful Lego launches including the Legends of Chima waterpark at Legoland California and a Lego Star Wars attraction at its Malaysia theme park.

In the past year, Merlin welcomed more than 62 million visitors to its 105 attractions. 2014 ended positively for the company, with like-for-like revenue growth in resort theme parks increasing thanks to a considerable Halloween product offering, an unseasonably warm autumn in the UK and the continued strong performance of the Legoland parks in California and Florida. After a difficult start to the year, Midway Attractions’ performance improved in Q3 and Q4, with solid returns in both the UK and China.
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  Legoland Discovery Center coming to Arizona in 2016


A new US$12m (€10.5m, £7.8m) Legoland Discovery Center will join the popular Sea Life aquarium as a Merlin attraction at the Arizona Mills outlet mall in Tempe, Arizona, the attractions giant announced today.
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  Merlin reveals plans to launch Legoland in South Korea


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Jobs    News   Products   Magazine
NEWS
Merlin posts strong end of year results after successful 2014
POSTED 26 Feb 2015 . BY Tom Anstey
Merlin Entertainments CEO Nick Varney Credit: Merlin Entertainments
Merlin Entertainments has posted strong end of year results, recording a compounded annual growth rate from 2010 to 2014 of 12.6 per cent.

Over the year, Merlin generated £1.25bn (US$1.9bn, €1.7bn) in revenue, posting a £411m (US$637m, €561m) pre-tax profit. The attractions giant was able to deliver positive growth from existing attractions along with the continued rollout of its various brands.

2014 saw significant investment across Merlin’s 100-strong attractions portfolio. On the back of the highly successful Lego Movie, the Lego brand continued to expand, with new developments including Merlin’s seventh Legoland Discovery Center in the US, plans to open new Legoland theme parks in South Korea, Japan and Dubai, as well as a number of successful Lego launches including the Legends of Chima waterpark at Legoland California and a Lego Star Wars attraction at its Malaysia theme park.

In the past year, Merlin welcomed more than 62 million visitors to its 105 attractions. 2014 ended positively for the company, with like-for-like revenue growth in resort theme parks increasing thanks to a considerable Halloween product offering, an unseasonably warm autumn in the UK and the continued strong performance of the Legoland parks in California and Florida. After a difficult start to the year, Midway Attractions’ performance improved in Q3 and Q4, with solid returns in both the UK and China.
RELATED STORIES
4D film based on Lego Movie coming to Lego theme parks and Discovery Centres


Merlin Entertainments has announced it will be bringing a new 4D animated film based on the popular Lego Movie franchise to come exclusively to all of its Legoland theme parks and Legoland Discovery Centres worldwide in 2015.
Legoland Discovery Center coming to Arizona in 2016


A new US$12m (€10.5m, £7.8m) Legoland Discovery Center will join the popular Sea Life aquarium as a Merlin attraction at the Arizona Mills outlet mall in Tempe, Arizona, the attractions giant announced today.
Merlin rules out buy-back of Madame Tussauds London site


Attractions giant Merlin Entertainments has ruled out a move to buy back the freehold on its central London Madame Tussauds site, after the property’s owner confirmed it is for sale.
Merlin reveals plans to launch Legoland in South Korea


Merlin Entertainments has revealed plans to open its first Legoland theme park in South Korea as part of a long-term expansion plan to generate more income from markets overseas.
MORE NEWS
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Jorvik's digital strategy described as 'leading light' after gaining international audience
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Chester Zoo and Nothe Fort among Visit England Awards winners
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ALVA's Bernard Donoghue awarded OBE for his extraordinary work supporting the attractions sector
Bernard Donoghue, director of the Association of Leading Visitor Attractions (ALVA), has been awarded an OBE in the Queen's Birthday Honours.
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COMPANY PROFILES
Painting With Light

By combining lighting, video, scenic and architectural elements, sound and special effects we tell s [more...]
Triotech

Triotech was established in 1999. The company is based in Montreal, Canada and has additional offi [more...]
Holovis

Holovis is a privately owned company established in 2004 by CEO Stuart Hetherington. [more...]
FORREC Ltd

We create guest experiences others don’t, masterplan like no one else can, and give the world’s bi [more...]
+ More profiles  
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Red Raion Showreel 2021
Another year has passed, and we’re definitely happy with what we have accomplished in 2021! Find out more...
More videos:
Red Raion Showreel 2021 – Red Raion
ProSlide's all-in-one waterplay entertainment center – Proslide Tech Inc
Red Raion TV - Opening Event: FICO Eataly World – Red Raion
+ More videos  

CATALOGUE GALLERY
+ More catalogues  
DIRECTORY
+ More directory  
DIARY

 

03-04 Sep 2022

HEALING SUMMIT 2022 - The Healing of Everything

Pine Cliff Resort, Portugal
27-29 Sep 2022

International Congress on Thermal Tourism

Ourense, Ourense, Spain
+ More diary  
 


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Tel: +44 (0)1462 431385

©Cybertrek 2022

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