Tivoli A/S
Stock Exchange Announcement No 6 – 2014, Interim Report for the Period 1 January – 30 June 2014
DGAP-News: Tivoli A/S 15.08.2014 / 16:43 --------------------------------------------------------------------- Like previous years Tivoli holds board meeting on Tivoli's birthday 15 August. The Supervisory Board of Tivoli A/S has at today's board meeting considered and adopted the Interim Report for the period 1 January - 30 June 2014. Results at 30 June 2014 in outline: -- Revenue including tenants and lessees: DKK 451.6 million compared to DKK 389.7 million last year. -- Tivoli's revenue: DKK 311.5 million compared to DKK 250.8 million last year. -- EBITDA: DKK -6.5 million compared to DKK -19.5 million. -- Profit before tax: DKK -50.4 million compared to DKK -57.7 million last year. -- Number of guests as of 30 June 2014: 1,418,000 compared to 1,191,000 guests as of 30 June 2013. 'Compared with the first six months of 2013, the first six months of 2014 show a revenue increase of almost DKK 61 million corresponding to approximately 24%. The increase is primarily due to the increase of activities in the Concert Hall and the Glass Hall Theatre, to increased activity as regards TivoliCasino.dk and to the fact that this year Easter fell in Tivoli's summer season. Consequently, the number of visitors increased compared with the same period last year. All things considered, we have seen a profit improvement before depreciation and write-down (EBITDA) for the first six months of 2014 of DKK 13 million compared with the same period last year,' says Claus Dyhr, CFO in Tivoli. He continues: Halloween in Tivoli is extended by another week in 2014 so that it will run from 10 October to 2 November. Christmas in Tivoli is also extended by the first days of 2015, running from 15 November to 4 January 2015. Outlook for 2014 For 2014 there is expected a revenue and profit before tax at the same level as 2013. Yours sincerely Jørgen Tandrup Lars Liebst Chairman of the Supervisory Board CEO Contact person: Claus Dyhr, CFO, (tel +45 33 75 03 63 / cd@tivoli.dk) News Source: NASDAQ OMX --------------------------------------------------------------------- 15.08.2014 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- Language: English Company: Tivoli A/S Denmark ISIN: DK0010040500 End of News DGAP News-Service --------------------------------------------------------------------- 282561 15.08.2014
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