Village Roadshow Profits

Submitted by Share Trading on 17 August, 2010 - 08:51

Australian entertainment company, Village Roadshow (ASX:VRL) released their profit report yesterday, posting an earnings growth to $117.2 million for the 12 months to June 30. Village Roadshow has sold its Greece and Czech Republic businesses, obtaining a $25.6 million profit.

The company has movie, radio and theme park assets including 506 cinema screens in Australia across 50 sites with plans to convert an additional 70 screens to digital this financial year. It has already converted 37 screens to digital since September 2009. Village owns theme parks and attractions including Sea World, Movie World, Wet'n'Wild, Sydney Aquarium and Sydney Wildlife world. The company also owns Film distribution companies: Roadshow films and Roadshow entertainment. Other assets owned include Village cinemas, Radio stations including Triple M and 2Day as well as film production and music.

Post new comment

The content of this field is kept private and will not be shown publicly.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Allowed HTML tags: <a> <em> <strong> <cite> <code> <ul> <ol> <li> <dl> <dt> <dd> <blockquote> <h2> <h3>
  • Lines and paragraphs break automatically.

More information about formatting options

This question is for testing whether you are a human visitor and to prevent automated spam submissions.
14 + 5 =
Solve this simple math problem and enter the result. E.g. for 1+3, enter 4.

Download our FREE App

Signup for Free
Don't miss out on your free share trading articles.

Free Risk Money Management Calculator for those who sign up!