Ardent revenue down as Dreamworld re-opens

Company News

by Lee Brooks


Ardent Leisure Group (ASX:AAD) says the progressive re-opening of the Dreamworld following a tragedy in which four people died on a water ride has seen a 63 per cent drop in revenue.

Trading revenue for December came in at $3.66 million compared to $9.89 million the year before.

The theme park re-opened Whitewater World and Dreamworld on 10 December and has been slowly doing an independent safety review on all of its Big 9 Thrill rides. The final rides are scheduled to be back operating by the end of January.

Ardent says a giant Lego retail outlet will open at the park by the end of January and thanked the community for its support following the tragedy.

Ardent reported a net profit of $42.4 million to the end of June 2016.

 

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