Tivoli A/S
Stock Exchange Announcement No 7 – 2012. Interim Report for the Period 1 January – 31 March 2012
Tivoli A/S 29.05.2012 11:11 --------------------------------------------------------------------------- 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 March 2012. Results at 31 March 2012 in outline: -- Revenue including tenants and lessees: DKK70.7 million compared to DKK 57.0 million last year. -- Tivoli's revenue: DKK 52.4 million compared to DKK 39.1 million last year. -- EBIT: DKK -61.1 million compared to DKK -65.1 million last year. -- Profit before tax: DKK -62.4 million compared to DKK -66.7 million last year. -- Profit after tax: DKK -46.8 million compared to DKK -50.0 million last year. 'The interim profit must be seen in the light of the Tivoli Gardens being closed during the quarter of January. Tivoli's revenue for the quarter increased by DKK 13.3 million compared with the same quarter last year. The increase is primarily due to the musical Grease at the Tivoli Concert Hall. Expenses are DKK 7.9 million above the first quarter last year and are also primarily due to Grease. At 31 March 2012 Tivoli's sale of season passes 2012 amounted to DKK 42.7 million compared with DKK 35.9 million at 31 March 2011. The income from season passes is recognised at DKK 8.4 million for this first quarter. The remaining season pass income will be accrued over the next three quarters. Based on the sales increase and the improved pre-tax profit we find the result satisfactory', says Claus Dyhr, CFO. Outlook for 2011 The expectations of profit before tax for 2012 are maintained at the level of approximately DKK 30 million. 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 29.05.2012 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP's 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 Phone: Fax: E-mail: Internet: ISIN: DK0010040500 WKN: End of Announcement DGAP News-Service ---------------------------------------------------------------------------
Latest News
Latest Reports
No Reports found
Upcoming Events
No Events found
Webcasts
No Webcasts found