Merlin Entertainments says outlook is positive following profit rise

Friday, 28 Feb, 2019 0

Alton Towers’ owner Merlin Entertainments says its outlook for this year is ‘positive’ after seeing a 6.2% rise in 2018 earnings.

The world’s second largest visitor attractions operator, which also runs Legoland, Sea Life, Madame Tussauds, the London Eye and the London Dungeons, made underlying pre-tax earnings of £494 million in 2018, up from £474 million a year earlier.

Visitor numbers were up 1.4% to 67 million while revenue increased almost 6% to £1.7 billion.

Merlin said trading in 2019 had been in line with expectations. "Our 2019 outlook is positive and unchanged," it said.

The group plans to open a new Legoland in New York in 2020 and has an agreement to open one in Korea by 2022.



 

profileimage

Linsey McNeill

Editor Linsey McNeill has been writing about travel for more than three decades. Bylines include The Times, Telegraph, Observer, Guardian and Which? plus the South China Morning Post. She also shares insider tips on thetraveljournalist.co.uk



Most Read

Vegas’s Billion-Dollar Secrets – What They Don’t Want Tourists to Know

Visit Florida’s New CEO Bryan Griffin Shares His Vision for State Tourism with Graham

Chicago’s Tourism Renaissance: Graham Interviews Kristin Reynolds of Choose Chicago

Graham Talks with Cassandra McCauley of MMGY NextFactor About the Latest Industry Research

Destination International’s Andreas Weissenborn: Research, Advocacy, and Destination Impact

Graham and Don Welsh Discuss the Success of Destinations International’s Annual Conference

Graham and CEO Andre Kiwitz on Ventura Travel’s UK Move and Recruitment for the Role

Brett Laiken and Graham Discuss Florida’s Tourism Momentum and Global Appeal

Graham and Elliot Ferguson on Positioning DC as a Cultural and Inclusive Global Destination

Graham Talks to Fraser Last About His England-to-Ireland Trek for Mental Health Awareness

Kathy Nelson Tells Graham About the Honour of Hosting the World Cup and Kansas City’s Future

Graham McKenzie on Sir Richie Richardson’s Dual Passion for Golf and His Homeland, Antigua
TRAINING & COMPETITION
Skip to toolbar
Clearing CSS/JS assets' cache... Please wait until this notice disappears...
Updating... Please wait...