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BRIEF-Village Roadshow Ltd updates on outlook
April 23, 2017 / 11:54 PM / 8 months ago

BRIEF-Village Roadshow Ltd updates on outlook

April 24 (Reuters) - Village Roadshow Ltd

* theme parks division continued to be significantly impacted by tragedy which occurred at dreamworld, and was further affected by cyclonic weather conditions in march/april 2017.

* believes that theme parks division will return to normal levels over time following key marketing campaigns and introduction of new attractions.

* now expected that total theme park division’s fy17 ebitda, excluding material items will be approximately $55 million - $65 million

* sydney wet‘n‘wild has been similarly impacted, with second half of financial year 2017 expected to underperform first half of fy17. Source text for Eikon: Further company coverage:

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