Skip to main content

Interim Report for the period 1 January – 31 March 2024

Written by Customer Service on . Posted in Earnings Releases And Operating Results.

The Supervisory Board of Tivoli A/S has adopted the Interim Report for the period 1 January – 31 March 2024.

Tivoli opened the summer season on 22 March, which is earlier than last year when the season opened 31 March. This affects the results for the period 1 January – 31 March 2024 in outline:

  • A revenue of DKK 90.4 million compared to DKK 61.8 million last year (+46%).
  • An EBITDA of DKK -84.2 million compared to DKK -96.7 million last year.
  • A profit before tax of DKK -112.4 million compared to DKK -126.1 million last year.
  • An attendance figure of 221,000 visitors compared to 47,000 last year (+470%).

”Tivoli continues the positive development we saw in 2023. The first quarter of 2024 is shaping up to a result equivalent to the expected, with better attendance figures and financial results than the same period in 2023. We enter the summer season with optimism and a wide range of attractive offers for Tivoli’s guests, who can look forward to a summer with a remarkably strong cultural program” says CEO, Susanne Mørch Koch.

Outlook for 2024 (unchanged)
Tivoli has had a good start to the year, with the summer season starting on 22 March. Last year, Easter was in April, which is why the first quarter of 2024 naturally has a greater level of activity than the same period the year before. Tivoli maintains the latest announced expectations, which means a revenue of around DKK 1,200 million and profit before tax of around DKK 110 million.

Best regards

Tom Knutzen                Susanne Mørch Koch
Chairman                       CEO

Contact person: Head of press, Torben Plank phone 22237440 / tpl@tivoli.dk

 

Attachments

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.