Legoland owner Merlin set to meet market expectations despite quiet winter
Entertainment company Merlin has reported that it is set to meet analysts expectations in its financial results, despite the seasonally quiet period.
Merlin, which owns Legoland and Madam Tussaud among other attractions, said that trading had been in line with the guidelines set out in February.
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The British-based firm recently sold its Australian ski resorts, Hotham and Falls Creek, to Vail Resorts Inc for A$174m (£95m).
It has also opened an additional 244 accommodation rooms, with 142 rooms at the Castle Hotel in the Legoland Billund resort and 102 'Stargazing Pods' at Alton Towers.
A further 128 rooms are set to open at the Magic Hotel in its Gardaland resort later this month.
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The company additionally opened seven new Midway attractions, with two new Peppa Pig World of Play sites in Dallas and Michigan as it claims to have "made good strategic progress".
Merlin will provide its interim financial results for 2019 on 1 August with a webinar scheduled for later this month for investors and analysts to discuss strategy.