The Supervisory Board of
2019 highlights:
• A revenue of
• An EBITDA of
• A profit before tax of
• Profit before tax is significantly affected by special items, including the transfer of the operation of TivoliCasino.dk to
• A profit after tax of
• An attendance figure of 4,581,000 attendants compared to 4,854,000 last year ( 6%).
”The revenue is on the same level as last year despite of fewer opening days, the implementation of the Tivolicard, the transfer of the operation of TivoliCasino.dk to
Expectations to 2020
Coronavirus (COVID 19) will have a significant impact on the amount of tourists, hotel stays, events and the desire to gather. Given the great uncertainty COVID 19 has created and uncertainty about the duration of the situation, it is not possible at this time to make a reasonable assessment of the financial consequences of COVID 19. Therefore, it is also not possible to give an expectation of revenue and profit before tax. Tivoli will update its expectations when the economic impact of COVID 19 is possible to estimate.
Tivoli's management meets daily to continuously evaluate the impact of COVID 19 on Tivoli's business.
Best regards
Tom Knutzen Lars Liebst
Chairman CEO
Contactperson: Head of press,
Attachments
Tivoli AS - Stock Exchange Announcement no. 4 - Annual report 2019- Tivoli_Årsrapport_2019_UK
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