VILLAGE ROADSHOW FY17 RESULTS‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌

24 AUGUST 2017

VRL FY17 TELECONFERENCE DETAILS

24 AUGUST 2017 2:00 PM AEST CONFERENCE ID: 354993 In order to pre-register for this conference and avoid a queue when calling, please follow the link below.

You will be given a unique pin number to enter when you call which will bypass the operator and give you immediate access to the event. http://villageroadshow.com.au/investors/corporate-diary/teleconferences

If unable to register, call one of the numbers below at the time of the conference and provide the conference ID 354993 to an operator:

Australia Toll Free:

1800 908 299

Australia Alt. Toll Free:

1800 455 963

Australia Local:

+61 2 9007 8048

Australia Alt. Local:

+61 7 3145 4005

New Zealand Toll Free:

0800 452 795

Hong Kong Toll Free:

800 968 273

Singapore Toll Free:

800 101 2702

Auckland Local:

+64 9 929 3905

India Toll Free:

000 800 100 8070

South Africa Toll Free:

0800 984 013

Canada/USA Toll Free:

1855 624 0077

Indonesia Toll Free:

007 803 321 8057

Switzerland Toll Free:

0800 802 498

China Toll Free:

1080 0140 1776

Ireland Toll Free:

1800 948 607

Taiwan Toll Free:

0080 112 7377

France Toll Free:

0800 913 734

Japan Toll Free:

0066 3386 8000

UAE Toll Free:

8000 3570 2706

Germany Toll Free:

0800 183 0918

Malaysia Toll Free:

1800 816 441

UK Toll Free:

0800 051 1453

In order to ask a question during the Live Question and Answer Session Press * then 1 on your telephone keypad to enter the Q&A queue Press * then 2 on your telephone keypad to withdraw your question

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VRL FY17 RESULTS

VRL OFFSETTING THEME PARKS HEADWINDS THAT COULD NEVER HAVE BEEN CONTEMPLATED

VRL FY17 RESULTS | 3

FY17 - THEME PARKS IMPACTED BY TRAGEDY AT DREAMWORLD

  • The overarching impact on FY17's trading was the tragedy that occurred at Dreamworld in October 2016

  • Management could never have contemplated such an event

  • The odds of this happening have been estimated as hundreds of millions to one

  • Although not in a VRL park, unprecedented publicity resulted in broad based community concerns about safety of rides, impacting the earnings of both Gold Coast and Sydney theme parks1

  • Based on overseas experience this will of course dissipate, but VRL is implementing dynamic initiatives led by recently appointed Theme Parks CEO, Clark Kirby, that will accelerate this correction

1FY17 attendance at the Gold Coast parks (Warner Bros. Movie World, Wet'n'Wild, Sea World, Paradise Country and Australian Outback Spectacular) was down 8.6% compared to FY16. Additionally, membership renewals declined markedly following the tragedy but have since stabilised, albeit at lower levels. The combined impact on attendance and membership renewals resulted in a decline in both in-park and admissions revenue.

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VRL FY17 RESULTS

Village Roadshow Limited published this content on 24 August 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 24 August 2017 07:42:04 UTC.

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