Village Roadshow: Interim result 2014

Its new water park is drawing headlines but the underlying result highlighted why we have one eye firmly on the exit.

Village Roadshow’s interim result was mixed. Overall revenue fell slightly to $479m for the half year ended 31 December, while profit fell 29% to $16m, largely due to $6m of one-off expenses related to the opening of Wet ‘n’ Wild Sydney. Dividends remained unchanged at 13 cent per share (fully franked, ex date 5 March).


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