Merlin Entertainments Group
EARNINGS: Merlin Entertainments FY’23 Revenue Up 8% YoY, Underlying Adj. EBITDA Flat YoY at £662M; Net Debt as of Dec. 30 £5.2B
Tue 03/26/2024 05:33 AM
Relevant Documents:
FY’23 Report
FY’23 Presentation
A summary of key financials is below:
The group said it completed a refinancing in February, which secured cash proceeds, net of fees, of around £170 million. The group’s RCF was also increased to £428 million from £400 million with an extension to the maturity to 2029.
FY’23 Report
FY’23 Presentation
- Revenue for the 52 Weeks Ended Dec. 30, 2023: £2.125 billion, up 8.4% year over year.
- Underlying Adjusted EBITDA for the period: £662 million, flat year over year.
- Net Debt: £5.181 billion as of Dec. 30, 2023, compared with £5.153 billion as of Dec. 31, 2022.
A summary of key financials is below:
The group said it completed a refinancing in February, which secured cash proceeds, net of fees, of around £170 million. The group’s RCF was also increased to £428 million from £400 million with an extension to the maturity to 2029.
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