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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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Mixed third quarter sales for the leisure parks

of Compagnie des Alpes

Update : 19:43 Published by François Mayné the 29 July 2012, Corporate.
Compagnie des Alpes (CDA) released this past week its consolidated sales for the first 3 quarters (October-June) of its fiscal year 2011/2012. It amounts to €525.6 million (about $647 million), up 5.5% on a real basis or 3% on a like for like basis compared to last year.

Sales for the activity of leisure parks amounted over this period to €152.7 million (about $188 million), up almost 6% on a reported basis due in particular to the integration of Futuroscope in CDA accounts. On a comparable basis, sales have actually fell by 2.1%.

Consolidated Group sales from October 1, 2011 to June 30, 2012

The beginning of season 2012 is indeed considered as "halftone" by the Group with a turnover for the third quarter (April-June) down 9.5% to €87.6 million (about $71 million) against €96.7 million (about $78.5 million) for the same period in 2011.

After a successful first half (9.9% increase of sales thanks to an excellent Halloween season), the activity has indeed experienced a serious slowdown during this quarter due to an exceptionally poor weather and an unfavorable basis of comparison with the beginning of season 2011. Last year, excellent weather and the reopening of the waterpark Aqualibi in Belgium resulted to a 9% increase in sales compared to 2010.

CDA is not worried about this mixed result by reminding that the third quarter represents only 30% of annual business. The Group also notes that - if parks attendance declined of 3% in 9 months- the average spending by visitor increased thanks to "a strategy of fair valuation of products, supported by a selective and suitable policy of expanding the offer."

The fourth quarter is the peak activity of the season, representing nearly 50% of the annual business. On July 23, if sales are a slight decline of -1.8% on a comparable basis, CDA finds that despite inclement weather, several behavioral indicators (pre-sale profiles, visitor satisfaction levels and increasing digital traffic) attest to the appeal of the Group's major sites.

In a statement, the company says “The policy of targeted investments in emblematic projects that generate value both for customers and for the Group has led to initiatives such as Oziris - the new star attraction at Parc Astérix, Walibi re-branding and new attractions, new shows and events for the 25th anniversary of Futuroscope and an extensive lineup of inaugurations to celebrate 130 years of Grévin Paris. This policy gives Leisure Parks the means to attract a summer clientele in search of accessible activities offering exceptional and high-quality experiences.” They conclude “In this context, and without excluding targeted tactical initiatives, the Group maintains its demanding policy of optimizing yields on ticket sales. This approach focuses mainly on fair valuation of products for individual clientele during the peak season."

Consolidated sales for the fiscal year 2011/2012 will be reported on October 25 and full year results on December 19.
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Europa-Park
(10 articles found)

Europa-Park chooses popular French IP to create an indoor themed area including MACK Rides coaster read more

This is a first in the history of Europa-Park. The German theme park, owned by the Mack family since 1975, has chosen to work with an intellectual...

NEW | Europa-Park - Published on June 11, 2013
Europa-Park: A family success story that's all about passion! read more

“Managing a theme park means writing a story, respecting a tradition and constantly questioning oneself, looking for new ideas and ways to i...

FEATURE | Europa-Park - Published on March 15, 2013
Themed Entertainment Association to hold its 10th TEA Summit and Thea Awards Gala April 4-6 read more

The Themed Entertainment Association (TEA), an international organization that represents the interests of more than 7,500 members working in...

EVENT | Europa-Park - Published on March 6, 2013
New attendance record for Europa-Park in 2012 read more

The German theme park Europa-Park has surpassed in 2012 the 4.5 million visitors for the first time, confirming its position as the first seasonal park in the world. This outcome is therefore highly satisfactory for the Mack...

CORPORATE | Europa-Park - Published on January 9, 2013
Europa-Park purchases a hundred-year old carousel read more

The German theme park Europa-Park has just purchased a carousel-lounge of 1909 from Ecomusée d'Alsace, a museum located in Ungersheim in North-East of France. The latter had declared its intention to separate from this carousel-lounge ...

NEW | Europa-Park - Published on April 29, 2012
WODAN Timburcoaster - Interview with Clair Hain Jr. President of Great Coasters International read more

During our coverage of the WODAN Timburcoaster media event at Europa-Park (Rust, Germany), we had the opportunity to meet Clair Hain Jr, President...

FEATURE | Europa-Park - Published on April 19, 2012
Europa-Park opens WODAN Timburcoaster - Interview with Roland Mack read more

Nearly 400 members of the press and special guests - including the racing driver Ralf Schumacher and Miss Germany 2012 - were invited last Wednesday...

NEW | Europa-Park - Published on April 2, 2012
Europa Park welcomed more than 4 million visitors in 2011 and prepares 2012 read more

Europa-Park stated that its 37th season has been once again a great success with an attendance exceeding well over four million visitors in...

NEW | Europa-Park - Published on January 11, 2012
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