Difficult summer tradings hits Merlin forecasts

Leisure giants, Merlin Entertainment, has downgraded its full-year profit expectations, and in turn sent share prices tumbling down some 20 percent as the full scale of a difficult summer trading period becomes apparent. An unfavourable weather conditions throughout the country and high-profile terrorist attacks in central London bred a difficult operational environment over summer and even Merlin Entertainment was unable to emerge unscathed, so reads the company’s financial reports. The group reported expected EBITDA growth to only rise 1-3 percent annually as opposed to the previously touted 4-6 percent figures whilst also downgrading its new business expansion outlooks [ ] The post Difficult summer tradings hits Merlin forecasts appeared first on Coinslot.
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