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Six Flags marks record revenues in latest earnings report
POSTED 24 Jul 2015 . BY Tom Anstey
In this most recent quarter, nearly nine million people visited one of Six Flags’ theme parks, a 9 per cent increase compared to the same period in 2014
Six Flags enjoyed a successful second quarter in 2015, marking record financial performances for the three months ending in June.

The theme park operator recorded a net income of US$84.6m (€77m, £54.5m) in Q2, with revenues rising 3 per cent to US$386m (€350.7m, £248m).

Over the first six months of the financial year, Six Flags has seen revenues increase to US$471m (€429m, £303.3m), representing 5 per cent growth over that time period.

In this most recent quarter, nearly nine million people visited one of Six Flags’ theme parks, a 9 per cent increase compared to the same period in 2014.

In response to the results, Six Flags president and CEO, Jim Reid-Anderson, said the park was “highly encouraged by the trends, with strong momentum across all Six Flags parks.”

Andersen also attributed the boost in part to US$70m (€64m, £45m) worth of capital improvements at its parks and to increased visitation by season pass holders, which were “working well” and offered “highly encouraging trends in our business.”

On a per-share basis, the Texas-based company recorded profits of 67 cents, surpassing stock market expectations and increasing slightly more than 7 per cent since the beginning of the year, with stock rising 12 per cent over the last 12 months.

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Six Flags Fiesta Texas has welcomed a world first to its theme park, a Batman- themed 4D free-fly coaster.
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Jobs    News   Products   Magazine
NEWS
Six Flags marks record revenues in latest earnings report
POSTED 24 Jul 2015 . BY Tom Anstey
In this most recent quarter, nearly nine million people visited one of Six Flags’ theme parks, a 9 per cent increase compared to the same period in 2014
Six Flags enjoyed a successful second quarter in 2015, marking record financial performances for the three months ending in June.

The theme park operator recorded a net income of US$84.6m (€77m, £54.5m) in Q2, with revenues rising 3 per cent to US$386m (€350.7m, £248m).

Over the first six months of the financial year, Six Flags has seen revenues increase to US$471m (€429m, £303.3m), representing 5 per cent growth over that time period.

In this most recent quarter, nearly nine million people visited one of Six Flags’ theme parks, a 9 per cent increase compared to the same period in 2014.

In response to the results, Six Flags president and CEO, Jim Reid-Anderson, said the park was “highly encouraged by the trends, with strong momentum across all Six Flags parks.”

Andersen also attributed the boost in part to US$70m (€64m, £45m) worth of capital improvements at its parks and to increased visitation by season pass holders, which were “working well” and offered “highly encouraging trends in our business.”

On a per-share basis, the Texas-based company recorded profits of 67 cents, surpassing stock market expectations and increasing slightly more than 7 per cent since the beginning of the year, with stock rising 12 per cent over the last 12 months.

RELATED STORIES
Capcom and Six Flags team up for Street Fighter V experience


Following a successful partnership with Capcom for the launch of Monster Hunter 4, Six Flags has teamed up with the Japanese videogame company again, this time to bring a Street Fighter V experience to patrons across the US.
Batman: The Ride is world's first 4D free-fly coaster


Six Flags Fiesta Texas has welcomed a world first to its theme park, a Batman- themed 4D free-fly coaster.
Justice League: Battle for Metropolis comes to Six Flags Over Texas


Justice League: Battle for Metropolis is about to make its long-awaited debut at Six Flags Over Texas, with the attraction offering a one-of-a-kind interactive DC Universe experience.
Environmental department tries to block Six Flags solar plan


The New Jersey Department of Environmental Protection is attempting to stop plans by Six Flags Great Adventure to cut down 19,000 trees to make way for a solar power facility by buying up the land on the site of the proposed energy generator.
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Global group exercise specialist, Les Mills, is inviting operators to sign up to its Workout for the World event on 20 June, in support of UNICEF.
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Global luxury hospitality brand, Six Senses, has partnered with longevity healthcare provider, HUM2N, to launch a clinic at Six Senses London, at The Whiteley.
KX Chelsea invests £15 million to upgrade its wellness offering
Premium London health club, KX Chelsea, will imminently unveil its most significant redevelopment since its launch in 2002 to create an integrated wellness model combining training, recovery and relaxation.
Researchers identify a drug which reduces muscle loss when using GLP-1 medications
Researchers in the US have identified an antibody which could greatly reduce the loss of lean muscle mass in people who are taking weight-loss medications.
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