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Revenues up, losses narrow at Six Flags
By Tom Walker
A new ride planned for 2011
Theme park operator Six Flags has reported increases in both revenues and attendance for the first quarter of 2011.
Revenues for the three months to 31 March 2011 were US$61m, (41m euro, £37m) an increase of US$4m (7 per cent) compared to the same quarter in 2010.
Adjusted EBITDA showed a loss of US$49m, an improvement of $11m over the first quarter 2010.
Jim Reid-Anderson, chair, sresident and CEO, said: "The first quarter was a great start to our 2011 season."
"Our employees continue to effectively execute our business strategy, and we are in the midst of unveiling one of the most exciting line-ups of innovation in rides, attractions and shows in a decade."
Theme park operator Six Flags has reported increases in both revenues and attendance for the first quarter of 2011.
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211010 - Six Flags new coasters.jpg
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