Merlin Entertainments share price falls again as Alton Towers stays closed following Smiler rollercoaster collision June 3, 2015 Alton Towers will remain closed today following a collision on an £18m rollercoaster which left four people seriously injured. Read more: Two carriages of Alton Towers rollercoaster Smiler collide Shares in the theme park's owner, Merlin Entertainments fell in early trading this morning, after a 3.5 per cent drop yesterday afternoon made it one of the biggest [...]
Deutsche Bank left with seven per cent stake in Merlin Entertainments March 6, 2015 Deutsche Bank has been left with a seven per cent stake in London Eye and Madame Tussauds owner Merlin Entertainments, after it offloaded a chunk of the company's stock earlier this week. Shares in Merlin plummeted fro 425p to 419p after the bank issued a statement saying its holding had crossed a seven per cent [...]
The moment Lego’s CEO sings and dances to “Everything is Awesome” Lego Movie song February 27, 2015 Everything is awesome for Lego chief executive Jorgen Vig Knudstorp. Profits are up and the world loves building with lego bricks. Knudstorp is more than a little pleased with that- and he isn't afraid to show it. What was his reaction to a record breaking year of rising revenue, sky-high margins, having a bigger return [...]
Merlin builds on Legoland as its profits soar 35pc February 26, 2015 Legoland owner Merlin Entertainments yesterday reported that its pre-tax profit for its first full year as a listed company had surged on the back of the summer blockbuster The Lego Movie. Merlin, the world’s second largest operator of visitor attractions, saw a five per cent increase in the number of attendees to its sites, which [...]
Why everything is awesome for Lego, in four charts February 25, 2015 Lego goes against all the stereotypes of a multinational company: partly because it's based in Denmark, and partly because when it comes down to it, it only has one product – little plastic bricks. But today it posted figures showing that, in the words of the blockbuster Lego Movie, everything is awesome. Last year represented [...]
Merlin on bumpy ride in Thailand as political unrest upsets Siam Ocean World and Madame Tussauds trading December 2, 2014 Legoland and Alton Towers operator Merlin Entertainments warned yesterday that its two attractions in Bangkok were still suffering from poor trading after months of political unrest and a military coup in Thailand. The world’s second-largest amusement park operator after Disney said that while the rest of its Midway portfolio performed well, its Siam Ocean World [...]
Everything is awesome as Legoland boosts Merlin Entertainment December 2, 2014 Merlin Entertainments, which recently announced it is to open a theme park in South Korea, has said it expects its full-year results to be in line with expectations, citing strong post-summer trading. The group expects to report earnings before interest, tax, depreciation and amortisation of between £407m and £411m for 2014. It points to a [...]
Merlin Entertainments will open the first Legoland theme park in South Korea in 2017 November 28, 2014 Merlin Entertainments, owner of Alton Towers and Madame Tussauds, has announced that it will be building a £172m Legoland theme park in South Korea. The company, which floated last year, said it will be funding just under a third of the project. The rest will be paid for by a property company that's owned by a consortium [...]
London Eye owner Merlin to open more Dungeons across the US September 18, 2014 London Dungeon owner Merlin Entertainments is planning to roll-out the spine-tingling attraction across the US after the success of its first US Dungeon in San Francisco. The owner of the London Eye and Madame Tussauds yesterday reported a 6.7 per cent rise in like-for-like sales for the 36 weeks to 6 September, driven by a [...]
Merlin Entertainments revenue pushed up by Legoland performance September 18, 2014 Merlin Entertainments reported positive results for the 36 weeks to 6 September, with revenue growth 6.7 per cent higher than the same period last year. A strong sterling against the group's main trading currencies resulted in a total growth of 3.8 per cent over the full year, and profit growth was in line with [...]