Key Highlights from Tivoli A/S's Q3 2025 Performance
The board of directors at Tivoli A/S recently approved the Interim Report, covering the financial landscape from January 1 to September 30, 2025. Here’s a snapshot of the results that emerged during this period:
Financial Overview
The reported revenue stood at DKK 886.5 million, a slight decline from DKK 891.0 million during the same period last year, marking a decrease of 1%. Additionally, the EBITDA was noted at DKK 123.2 million, which reflects a significant drop of 16% from last year's DKK 147.0 million. The profit before tax reported for this term was DKK 34.6 million, a notable decrease of 44% compared to last year's DKK 61.4 million.
Visitor Insights
Visitor attendance has also seen a downward trend, with around 2.689 million individuals visiting, which is 2% lower than the 2.737 million recorded last year. This reduction can largely be attributed to 5% fewer opening days during the year, affecting both attendance numbers and overall activity levels.
Factors Influencing the Results
The results from the first nine months indicate that attendance, revenue, and profitability have taken a hit compared to last year's figures, largely due to operational adjustments. Specifically, the decrease in available opening days has had a direct impact on the number of visitors each day.
In addition, it is important to note that last year included other income amounting to DKK 10.5 million, associated with COVID-19 compensation, which did not repeat this year.
Seasonal Highlights
Despite these challenges, the summer season of 2025 was filled with excitement and successfully attracted significant attendance. It kicked off on April 4, two weeks later than the previous year due to the timing of Easter. Although some adverse weather conditions during the summer posed challenges, Tivoli managed to draw in a commendable total of 1.3 million guests in the first half of this year. Visitors from international markets accounted for approximately one-third of this attendance.
Future Outlook for Tivoli A/S
Looking ahead, Tivoli A/S has raised its expectations for the remainder of 2025, projecting revenue between DKK 1,325 million and an anticipated profit before tax of around DKK 145 million. This adjustment is attributed to the strong responses anticipated for the upcoming Halloween and Christmas events, which could reflect positively in revenues and customer experiences.
Upcoming Attractions and Developments
Exciting developments are underway at Tivoli, particularly concerning the redevelopment of a new amusement area in the former Asia section, which is scheduled for a summer 2026 opening. This new area aims to feature innovative attractions and a variety of culinary experiences for all age groups. The development is part of Tivoli's ongoing effort to enhance its overall offering in line with visitor expectations for the coming years.
CEO, Susanne Mørch Koch emphasized, "Despite the challenges faced during the past months, we are optimistic about the attractiveness of our offerings and the excitement around upcoming festivals such as the Garden & Flower Festival at the end of August. We are confident in drawing crowds and delivering memorable guest experiences in the latter half of the year."
Best regards,
Tom Knutzen
Chairman
Susanne Mørch Koch
CEO
Contact person: Head of Press, Torben Plank, phone 22237440 / tpl@tivoli.dk
Frequently Asked Questions
What is Tivoli A/S's revenue for the first nine months of 2025?
Tivoli A/S reported a revenue of DKK 886.5 million for this period.
Why did visitor attendance drop in 2025?
The attendance fell due to 5% fewer opening days, impacting the number of visitors compared to the previous year.
What are the future plans for Tivoli A/S?
Tivoli A/S is focusing on the redevelopment of a new amusement area and enhancing its attractions and experiences for guests.
How does Tivoli A/S plan to improve its profitability?
Increased expectations for the Halloween and Christmas seasons are likely to drive higher revenue and profitability in the last quarter of the year.
Who can be contacted for media inquiries at Tivoli A/S?
The media contact is Torben Plank, Head of Press, reachable at phone 22237440 or via email at tpl@tivoli.dk.
