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Alton Towers owner Merlin Entertainments has reported an increase in revenue and sales over the first nine months of its financial year despite its theme park arm under performing. Revenue rose 3. The crash on June 2 resulted in the acre park in Staffordshire being shut down for four days and advertising for its theme parks suspended. The group warned that theme park earnings would be hit well into next year. The company said :’Although difficult to assess at this stage, we continue to believe that there may be an ongoing adverse impact on the resort theme parks operating group profitability in Merlin added that poor weather and a strong pound also hit numbers at its London tourist attractions, which include Madame Tussauds and the London Eye. In early trade shares have fallen 1 per cent, or 3. Richard Hunter, head of equities at Hargreaves Lansdown Stockbrokers, said: ‘The aftermath of the Alton Towers tragedy is still being felt maks terms of a reduction in visitor numbers, with the possibility that this may yet follow through to next season. But he added Merlin was ‘far from being a one-trick pony’, which has helped its share price remain relatively firm despite the theme park hit. He said: ‘The Legoland parks continue to grow apace, even against strong comparatives, whilst the strategy of turning parks into resorts with the opening of new hotels at several location is ongoing.
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Alton Towers Vlog 13th May 2018
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These are external links and will open in a new window. Profits at theme parks operator Merlin Entertainments have edged up despite last summer’s Alton Towers accident which left five people injured. The company, which also owns Legoland and the London Eye, said group pre-tax profits rose 0. Merlin said Alton Towers saw a «significant» fall in visitor numbers after the accident, which resulted in the park shutting for four days. Like-for-like sales at the group’s resort theme parks division, which includes Alton Towers, fell However, visitor numbers across the group rose 0.
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Mr Varney said in a statement that the figures showed Merlin had «delivered a robust performance in However, was a difficult year for Merlin following the accident at Alton Towers early in the summer season. Big Bus provides hop-on city tours around the world. The prince says he and Meghan wanted to continue serving the Queen, but «that wasn’t possible». Merlin see profits rise despite Alton Towers accident 25 February Image copyright PA Image caption The crash left 16 people trapped on the ride for about four and a half hours Profits at theme parks operator Merlin Entertainments have edged up despite last summer’s Alton Towers accident which left five people injured. Chief executive Nick Varney said it had been «a challenging year». Related Topics Companies.
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