ICP
ICP is an Australian-based company focused on indoor climbing. ICP will manage your project from initial design to completion and beyond, whether you're building an international-level climbing…
read moreAustralian Stock Exchange listed Ardent Leisure has posted a 20% increase in its half year net profit to $22.6 million, once again driven by the expansion in its United States based Main Event division.
The group, which operates Goodlife Health Clubs; AMF and Kingpin Bowling facilities; d'Albora Marinas; and the Dreamworld, WhiteWater World and SkyPoint theme parks and attractions on the Gold Coast as well as the Main Event, reported an increase of $48 million (16.8%) in revenue from operating activities to $333.8 million.
However, the group's core earnings decreased by $1.6 million (5.1%) to $30.5 million.
Ardent Chief Executive Deborah Thomas said the group's Main Event division was looking for further opportunities to "accelerate the rollāout."
Thomas explained “the most important point is that all of our centres developed since 2007 are on track to deliver an average annual (earnings before interest, tax, depreciation and amortisation) return on investment of over 35% reinforcing the enduring appeal of the Main Event entertainment concept.”
The group's theme park division recorded total revenues of $58.4 million for the half year up from $54.8 million in the previous corresponding period. However EBITDA margin slipped slightly to 36.3% from 37.2%.
Attendance at the group’s Gold Coast theme parks rose by 13% but per capita spending also slipped to $46.9 from $49.8.
Thomas added "the division will focus on innovation and leveraging existing partnerships with leading global and local entertainment brands.”
With Chinese entertainment and real estate giant Dalian Wanda having announced plans to build a new theme park on the Gold Coast, mainstream media have speculated that Ardent Leisure is a “potential though reluctant seller” of its Dreamworld/WhiteWater World location.
For more information go to www.ardentleisure.com.au
Images: WhiteWater World (top) and the recently opened Darwin Kingpin FEC (below).
20th January 2016 - GROWING IMPORTANCE OF MEMBERSHIPS TO GOLD COAST THEME PARK REVENUE
19th January 2016 - FINE WEATHER BOOSTS PERFORMANCE OF GOLD COAST THEME PARKS
4th January 2016 - DALIAN WANDA’S GOLD COAST THEME PARK PLAN WOULD HIT EXISTING ATTRACTIONS
28th December 2015 - DREAMWORLD REVS UP MULTIMILLION DOLLAR MOTORSPORT PRECINCT
28th August 2015 - ARDENT LEISURE LOOKS TO A DIGITAL FUTURE
21st August 2015 - ARDENT LEISURE RECORDS PROFIT DIP BUT LOOKS AT FEC EXPANSION
Asking a small favour
We hope that you value the news that we publish so while you're here can we ask for your support?
The news we publish at www.ausleisure.com.au is independent, credible (we hope) and free for you to access, with no pay walls and no annoying pop-up ads.
However, as an independent publisher, can we ask for you to support us by subscribing to the printed Australasian Leisure Management magazine - if you don't already do so.
Published bi-monthly since 1997, the printed Australasian Leisure Management differs from this website in that it publishes longer, in-depth and analytical features covering aquatics, attractions, entertainment, events, fitness, parks, recreation, sport, tourism and venues management.
Subscriptions cost just $90 a year.
Click here to subscribe.
The Complete Guide to Leisure Industry Products & Services.
ICP is an Australian-based company focused on indoor climbing. ICP will manage your project from initial design to completion and beyond, whether you're building an international-level climbing…
read moreBODY BIKE® International is a leading manufacturer of indoor bikes with a 20-year track record of creating the best indoor bikes. Stay connected with Body Bike Australia…
read moreClubware’s online gym software is not your run of the mill management system. It has been carefully designed to incorporate all the elements that a fitness club would need. How did we do that?…
read moreWe are Aussie Strength. The ultimate supplier for Commercial Gym Equipment that's built to deliver in the toughest environments. From USA-Built hardcore weight training equipment from Arsenal…
read moreWhether your goal is increasing your centre's revenues or creating an engaging environment, why not add play to your project? If you're looking for stylish aquatic play features, kid-tested…
read moreBioGuard is Australia and New Zealand’s most trusted supplier of premium, innovative and affordable commercial water treatment systems and chemicals. BioGuard offers a comprehensive range of…
read moreMyzone is the industry’s leading wearable technology solution. Myzone’s wearable products show and reward effort when you work out. It displays accurate real-time heart rate, calories, and…
read morePathMinder Pty Ltd have partnered with AllUser Industries srl to bring Europe’s most advanced high security portals to the Australian and New Zealand markets. AllUser Industries started to…
read moreGet your business noticed in our targeted directory. Viewed by 10,000 industry professionals per week!