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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.
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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
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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
Hotel de France, located on the British Isle of Jersey, has created a wellness retreat package that includes a hot yoga session that will take place in Jersey Zoo’s butterfly sanctuary.
Warner Bros Discovery collaborates on upcoming Pompeii attraction
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COMPANY PROFILES
instantprint

We’re a Yorkshire-based online printer, founded in 2009 by Adam Carnell and James Kinsella. [more...]
Polin Waterparks

Polin was founded in Istanbul in 1976. Polin has since grown into a leading company in the waterpa [more...]
DJW

David & Lynn Willrich started the Company over thirty years ago, from the Audio Visual Department [more...]
Painting With Light

By combining lighting, video, scenic and architectural elements, sound and special effects we tell s [more...]
+ More profiles  
FEATURED SUPPLIER

Iconic Liverpool attraction opens door to new operators
An opportunity to reimagine one of the UK’s most recognisable towers has been formally opened by Rivington Hark, as St Johns Beacon invites operators and partners to shape its next phase. [more...]
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