A good start to the summer season means that Tivoli raises expectations for 2022
20 June 2022 - 4:34PM
A good start to the summer season means that Tivoli raises
expectations for 2022
The positive start of the summer season in Tivoli has continued
throughout May and well into June with a significantly increased
number of guests and higher use of the facilities of the Tivoli
Gardens. On this basis Tivoli raises expectations for 2022.
The latest announced expectations for 2022 was revenue in the
range of DKK 850-950 million and the expectation of a marginally
positive result before tax. Tivoli now expects a revenue at the
level of DKK 1,000 million as well as a profit before tax in the
range of DKK 25-50 million.
”Tivoli has had a good start to the summer season. The first
couple of months of the season have shown significantly more guests
than expected and they have indeed made use of the amusement rides
in the Gardens, food and beverages offers and the cultural
activities. Among the many events we had, Tivoli Food Festival was
a huge success. This creates optimism around the many coming
events, concerts and shows throughout the summer, among those the
Tour de France Team presentation and a number of international
celebration days in the near future. The positive welcome by
Tivoli’s guests and the gradually increasing number of tourists
engender optimism and higher expectations for 2022.” says CEO
Susanne Mørch Koch.
Tivoli's outlook presumes no new restrictions due to COVID-19,
and that the level of activity continues to rise for the rest of
the year and thereby continues to get nearer to historical
levels.
Best regard
Tom
Knutzen Susanne
Mørch KochChairman
CEO
Contact person: Head of press, Torben Plank tlf. 22237440 /
tpl@tivoli.dk
- Tivoli AS - Stock Exchange Announcement no 8 - Adjustment of
expectations for 2022
Tivoli A/s (LSE:0RFR)
Historical Stock Chart
From Nov 2024 to Dec 2024
Tivoli A/s (LSE:0RFR)
Historical Stock Chart
From Dec 2023 to Dec 2024
