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Theme Park Supplier's News of the Week #12 Bolliger Mabillard, MAURER Rides, ETF Ride Systems, Lo-...
Theme Park Supplier's News of the Week #12
World Waterpark Association Success for WWA's 33th Symposium and Trade Show
World Waterpark Association
Hong Kong Disneyland to introdoce Iron Man Experience First major Marvel attraction planned in 2016
Hong Kong Disneyland to introdoce Iron Man Experience
Theme Park Supplier's News of the Week #11 Zamperla, Simworx, Electrosonic, Vortex
Theme Park Supplier's News of the Week #11
Theme Park Industry News Roundup #6 Liseber, Universal Parks and Resorts, IAAPA, Herschend ...
Theme Park Industry News Roundup #6
Premier Rides wins €8 million contract with Plopsa Gr... New launch coaster to open at Holiday Park in 2014
Premier Rides wins €8 million contract with Plopsa Gr...
Theme Park Industry News Roundup #5 Tokyo Disney Resort, Merlin, European Star Awards
Theme Park Industry News Roundup #5
Record anniversary edition for Euro Attractions Show More than 8,500 attendees on a record exhibit floor
Record anniversary edition for Euro Attractions Show
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Another record annual results for Six Flags in 2012

Update : 27/02/13 - 09h45 Published by François Mayné the 21 February 2013, Corporate.
Just like Cedar Fair, its main competitor on the market of regional amusement park in North America, the group Six Flags Entertainment Corp. announced that it has signed once again record financial results in its fiscal year 2012.

The company - which operates a total of 18 properties in the United States, Canada and Mexico - has achieved a turnover of 1.07 billion US dollars (approx 811.5 million euros), up 6% compared to 2011 due to increased ticket sales and in-park sales.

Another record annual results for Six Flags in 2012.

Six Flags highlights the success of its up-selling program of season passes and specifies that their holders have generated higher average turnover over the whole season than the single day visitors. As a result, the Group's overall attendance set a new record (since 2006) to 25.7 million visitors, i.e. 1.4 million more entries (+6%) than the previous season.

"Excellent execution of our strategy has been a key factor in driving our third successive year of record performance," said Jim Reid-Anderson, Chairman, President and CEO of Six Flags. "Guests recognize that we are providing innovative rides and attractions, superb service, and great value for their money. We are well-positioned as we enter the 2013 season and remain focused on our medium-term financial targets." 

Six Flags also announced a record Adjusted EBITDA up 9% to $383 million (approx €290 million) and is approaching its target of $500 million for 2015. The company has invested $98 million in capital improvements and distributed $148 million in dividends to its shareholders. During the year, the Group also sold its minority stake in the company Dick Clark Productions for a total of $70 million, with the aim to focus only on the activity of management of amusement parks.

Six Flags Magic Mountain will open 'Full Throtle', the world's tallest and fastest Looping Coaster.Six Flags Over Texas will open Texas SkyScreamer which should be the highest aerial flying chair ride in the world.

This season, the group's investment program is placed - like the financial results - under the sign of records, a marketing argument which should maintain attendance levels at their highest.

Among the most important projects, Six Flags Magic Mountain will open 'Full Throtle', the world's tallest and fastest Looping Coaster whose design was entrusted to Premier Rides. Six Flags Over Texas will open Texas SkyScreamer which should be the highest aerial flying chair ride in the world (in competition with Gröna Lund, Sweden), while Six Flags Great Adventure will become the largest theme park in the world by merging with its wildlife section.
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Hong Kong Disneyland Resort
(7 articles found)

Disney to introduce first major Marvel attraction at Hong Kong Disneyland in 2016 read more

When The Walt Disney Company acquired Marvel Entertainment in 2009, its intention was to strengthen its position as a leading global provider...

NEW | Hong Kong Disneyland Resort - Published on October 13, 2013
Disney's theme parks and resorts sign strong financial results with revenues up 7% in Q3 2013 read more

The theme parks and resorts of The Walt Disney Company (TWDC) have once again achieved excellent financial performance in the third quarter of...

CORPORATE | Hong Kong Disneyland Resort - Published on August 11, 2013
Growing quarterly results for theme parks and resorts of The Walt Disney Company read more

The Walt Disney Company (TWDC) published earlier this month its financial results for the first quarter of fiscal year 2013 ended December 31,...

CORPORATE | Hong Kong Disneyland Resort - Published on February 17, 2013
Disney reports revenue of theme parks and resorts up 10% to $12.9 billion for FY 2012 read more

The Walt Disney Company reported that the revenue of its business segment of theme parks and resorts increased 10% to $12.9 billion (approx €9.97 b...

CORPORATE | Hong Kong Disneyland Resort - Published on November 29, 2012
Increase in profits for the theme parks and resorts of The Walt Disney Company in first half 2012 read more

TWDC announced earlier this week the earnings for its second fiscal quarter and six months ended March 31, 2012. The Group reported global revenues...

CORPORATE | Hong Kong Disneyland Resort - Published on May 11, 2012
The Walt Disney Company's Parks and Resorts revenues increased 10% for Q1 of FY12 read more

The Walt Disney Company reported yesterday earnings for its first fiscal quarter ended December 31, 2011. Diluted earnings per share (EPS) ...

CORPORATE | Hong Kong Disneyland Resort - Published on February 8, 2012
Fright tactics cranked up at Ocean Park read more

Ocean Park has some hair-raising figures - and they're meant to frighten Disneyland. It says its visitor numbers shot up 20 percent to 6.5 million between October 1 last year and September 30. It used that time frame - ...

PRESS REVIEW | Hong Kong Disneyland Resort - Published on October 3, 2011
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