We have put yet another turbulent quarter behind us following the reintroduction of restrictions at the end of last year, which were made even more stringent in the beginning of January. Consequently, the majority of our arenas had to postpone their seasonal opening, while the demand for tickets for upcoming periods declined. However, we are pleased to note that since being allowed to reopen all of our operations at the end of February, we have enjoyed good seat occupancy, especially for our major productions, and strong demand in our two event companies, while most of the other operations note a cautious positive trend after years of closure.
Net sales for the quarter totalled
At the end of the quarter, prepaid ticket revenues totalled
Events in the world following
We are now looking forward and busy planning for summer and autumn, where our productions are ready for sale. We are looking forward to welcoming guests again during the summer months at the
We would also like to draw attention to the fact that this year the Group will turn 35, and it is particularly rewarding to celebrate this after the challenges of recent years. We are well equipped to get to grips with our priorities moving forward with a well-balanced mix of experience and innovative thinking among our employees - combined with good liquidity.
My colleagues and I are looking forward to meeting you all in our arenas and at events in the near future, and we are convinced that any uncertainties in the world at large will make meeting and strengthening relationships even more important, both privately and professionally, and we see ourselves as an important player in this regard.
martin.duhane@momentgroup.com
This disclosure comprises information that
https://news.cision.com/moment-group-ab/r/interim-report-1-january-31-march-2022,c3560304
https://mb.cision.com/Main/243/3560304/1574573.pdf
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