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Merlin says current trading in line with expectations

Fri, 03rd May 2019 07:41

(Sharecast News) - Theme parks operator Merlin Entertainments said current trading had been in line with expectations during a "seasonally quiet" time of the year. In a trading update ahead of its annual shareholder meeting, the owner of the Blackpool Tower, Legoland and Madame Tussauds waxworks museum said it had opened seven new Midway attractions, including two new Peppa Pig World of Play sites in Dallas and Michigan.Merlin said it opened an additional 244 accommodation rooms made up of the 142 room Castle Hotel at Legoland Billund Resort and 102 'Stargazing Pods' at Alton Towers Resort.The 128 room Magic Hotel at Gardaland Resort was scheduled to open later this month, it added.On 5 April Merlin completed the disposal of two Australian ski resorts for a total of AUD $174m (£93.3m).
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(ShareCast News) - Reckitt Benckiser bumped up its target for like-for-like revenue growth and investors did the same with stock in the consumer goods giant. Pre-tax profit for the six months ended 30 June came in at £912m from £838m in the same period last year, on net revenue of £4.36bn, up 4% fro

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27 Jul 2015 16:31

Numis upgrades Merlin Entertainment to 'hold' from 'reduce'

(ShareCast News) - Analysts at Numis upgraded their rating for Merlin Entertainment to 'hold' from 'reduce', and kept a price target at 400p after the theme park operator reduced profit guidance. In an interim update, Merlin said profits in its theme park division would be weighed down by weak deman

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