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CDA Consolidated sales for the first three quarters of

FY 2010-2011. Leisure parks perform well

Update : 20:48 Published by François Mayné the 26 July 2011, Corporate.

Compagnie des Alpes Group consolidated sales for the first nine months of the financial year amounted to €498.2 million, a rise of 7.2% on a reported basis and 0.2% like for like.

Consolidaded sales from October 1, 2010 to June 30, 2011

Leisure parks perform well in third quarter

For the first nine months of the financial year, sales amounted to €144.0 million, an increase of 34.6%. Sales include the consolidation of Futuroscope (effective January 1, 2011) and the disposal of a group of seven leisure parks (effective January 31, 2011). On a comparable basis, sales rose 3.6%. Sales rose in the third quarter for all Group leisure parks, with the exception of Musée Grévin, whose performance was in line with that of financial years prior to the record-breaking FY 2009-2010. Group’s sales amounted to €96.7 million, an increase of 40.6% (8.6% like for like). This quarter accounts for 30% of total annual activity.

The successful relaunch of the Walibi brand, the new products offered by all leisure parks and good weather conditions contributed significantly to the strong rise in visitor numbers over the quarter. Visitor numbers rose by 3.2% in the first nine months of the financial year compared to the same period last year.

Outlook

For leisure parks, the final quarter of the financial year usually accounts for 50% of annual business.
On July 24th, receipts were up 2.5%, on a like-for-like basis. Challenging external factors in July contributed to a slowdown in business, compared with the exceptionally good performance in the third
quarter.

The event-planning policy, new rides, and entertainment available are indisputable strengths for meeting the expectations of customers for the rest of the season, subject to economic and weather conditions.

Compagnie des Alpes - Walibi - - -

Written by François Mayné

François Mayné Publishing Director » Contact Us
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Compagnie des Alpes (Group)
France

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Group : Compagnie des Alpes
Site : www.compagniedesalpes.com

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Walibi Holland
(7 articles found)

Difficult season for Compagnie des Alpes' amusement parks read more

The Compagnie des Alpes leisure parks recorded disappointing financial results during fiscal year 2012/2013 which ended on September 30. The...

CORPORATE | Walibi Holland - Published on November 10, 2013

Theme Park Supplier's News of the Week #12 read more

Our Theme Park Supplier's News of the Week is a round-up of the latest news relative to companies supplying the theme park industry around the world. This weekly report covers topics such as corporate announcements, financial ...

NEW | Walibi Holland - Published on October 21, 2013

Compagnie de Alpes' leisure park sales continue to decline in the third quarter read more

Adverse weather conditions at the beginning of the season and the ever difficult economic conditions in Europe have negatively impacted the activities...

CORPORATE | Walibi Holland - Published on September 9, 2013

Compagnie des Alpes' leisure park activity is down in first half of FY 2012-2013 read more

The French operator Compagnie des Alpes (CDA), which owns a dozen leisure parks and attractions in Europe and North America - including Parc...

CORPORATE | Walibi Holland - Published on June 18, 2013

Compagnie des Alpes shows its new strategic ambitions for the leisure park market read more

Compagnie des Alpes (CDA), which operates in Europe a dozen leisure parks and attractions including Parc Asterix, Futuroscope, the Grévin Wax ...

CORPORATE | Walibi Holland - Published on January 21, 2013

Walibi Holland introduces Club Psyke: 5D Experience read more

The Dutch amusement park Walibi Holland, located in Biddinghuizen in the province of Flevoland, continues this season to integrate the new musical...

NEW | Walibi Holland - Published on July 4, 2012

EAS 2011 - Interview with Marjolein Van de Stolpe, Director Development & Design at JoraVision read more

During our coverage of the Euro Attractions Show that was held in London at the end of September, we made a short stop by the booth of JoraVision,...