Six Flags reports record Q2 earnings
Six Flags Entertainment Corporation, the world's largest regional theme park company, has announced record financial performance in the second quarter 2014, as revenue grew four per cent to $377m, fuelled by higher guest spending.
Adjusted EBITDA for the three-month period was $145m, up five per cent year over year.
"We are squarely focused on executing our long-term strategy and remain confident in our ability to deliver yet another record year in 2014," said Jim Reid-Anderson, chairman, president and CEO of Texas-based Six Flags.
During the quarter, the company announced a new strategic partnership to build multiple Six Flags-branded theme parks in China.
"Our ongoing initiative to expand the Six Flags brand internationally is an exciting and important component of our long-term growth strategy," Reid-Anderson said.
"We look forward to ongoing success in this area and working closely with our new partners in China and the Middle East."