Ardent Leisure Group Ltd (AU:CEH) has released an update.
Despite macro-economic challenges and severe storm disruptions, Coast Entertainment Holdings Limited reports a robust FY24 with ticket sales at their highest since FY16, up 3.1% from the previous year and 42.1% above pre-COVID levels. The company saw a 14.3% increase in total visitation, driven by new attractions and strong sales of annual passes. Anticipating a positive EBITDA and an improved revenue of $87.0 million, the company also remains focused on capital management with a robust balance sheet and an ongoing share buyback program.
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