Event Hospitality & Entertainment Ltd. (AU:EVT) has released an update.
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Event Hospitality & Entertainment Ltd. reported a mixed financial year with a record performance in its Hotels division and a resilient outcome at Thredbo despite the worst winter weather in decades. Hollywood strikes, however, disrupted the Entertainment division’s results, leading to a weaker second half of the year. The company remains optimistic about its property portfolio and future entertainment releases, anticipating a recovery in the film lineup and aiming for another record hotel result in FY25.
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