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EVT Limited (ASX:EVT)

ALERT: Price-sensitive ASX Announcement for EVT
Current share price for EVT : $13.230 -0.85 (-6.04%)+
Announcement
Release
24 Aug 2026 8:46AM
Price at Release
$14.080
Full Release
download
Summary
The FY26 Results Presentation for EVT Limited highlights significant achievements in revenue growth and strategic initiatives across its Entertainment, Ventures, and Travel sectors. Key successes include increased Average Admission Price and Spend Per Head across all territories, significant revenue and EBITDA growth at Thredbo Resort, and the resort's continued recognition as 'Australia’s Best Ski Resort'. The company also emphasizes its strategic focus on hotel acquisitions to drive further growth, while actively reviewing future group structure options to ensure optimal capital deployment and returns.
Key Points
  • EVT Limited experienced success in revenue strategies across its sectors: Entertainment, Ventures, and Travel.
  • Significant growth in Average Admission Price and Spend Per Head across territories, with specific improvements in Australia, New Zealand, and Germany.
  • Thredbo Resort reported a 10.6% increase in revenue and a 13.7% increase in EBITDA for FY26.
  • Thredbo achieved 'Australia’s Best Ski Resort' award for the ninth year and received EarthCheck Platinum certification.
  • FY26 results indicate strong operating leverage in the entertainment sector, with notable growth in revenue and EBITDA.
  • EVT is considering strategic hotel acquisitions and management company acquisitions to enhance growth.
  • Future group structure options are under review to optimize capital deployment and returns.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.