Tivoli A/S Releases Interim Report for 2025
The Board of Directors of Tivoli A/S has published its interim report covering the period from January 1 to June 30, 2025. The summer season for Tivoli commenced on April 4, which was notably later than the previous year when it began on March 22. This shift undeniably had an impact on the results for this reporting period.
Financial Highlights for the First Half of 2025
Reflecting a challenging environment, Tivoli reported a revenue of DKK 445.0 million, a decrease compared to DKK 455.3 million from last year, showing a decline of 2%. The EBITDA stood at DKK -17.8 million, compared to DKK -6.3 million the previous year. Moreover, the profit before tax was DKK -76.1 million, reduced from DKK -63.5 million the previous year. Attending the park, figures show a reduction in visitor numbers, with 1,325,000 guests compared to 1,391,000 last year, indicating a decline of 5%.
Visitor Engagement and Events
"Tivoli recorded a vibrant summer season, filled with numerous highlights and popular events. The delay with the summer season beginning on April 4 has been a crucial factor, largely due to a later Easter this year. The season faced challenges, including fluctuating weather conditions, which deterred both planned and spontaneous visits considering that a significant part of Tivoli's attractions operate outdoors," stated CEO Susanne Mørch Koch.
Despite these hurdles, Tivoli successfully hosted approximately 1.3 million guests in the first half of 2025, with nearly one-third of these visitors coming from international markets. This characterizes Tivoli as the largest tourist attraction in the Nordic region, which has seen increasing interest, particularly from European tourists and those from the United States.
Ongoing Developments and Investments
Tivoli is actively progressing with its major investment, which includes redeveloping a new amusement area near the previous Asia section. This exciting zone is on track for a summer 2026 opening and is designed to introduce new attractions and culinary experiences catering to diverse age groups and preferences. In addition, the company is developing new ride innovations to elevate the overall experience in the years ahead.
Expectations for the Second Half of 2025
Tivoli maintains a positive outlook for the remainder of 2025, expecting a well-attended late summer season filled with memorable guest experiences. Among the highlighted events is the upcoming Garden & Flower Festival, which will kick off at the end of August. The results for the first half adhered to expectations, and visitor figures alongside financial outcomes are aligned with projections. The summer season has attracted numerous visitors both domestically and internationally, though adverse weather conditions have posed challenges.
Key Financial Goals
Looking forward, Tivoli retains its previously communicated revenue guidance of DKK 1,300 million along with a profit before tax target holding steady at DKK 130 million. The first half of 2025 has shown that Tivoli can meet its goals even amid fluctuating visitor patterns and other challenges.
Conclusion
Best regards,
Tom Knutzen
Chairman
Susanne Mørch Koch
CEO
Contact Information
For media inquiries, please contact Torben Plank, head of Press, at phone number 22237440 or via email at tpl@tivoli.dk.
Frequently Asked Questions
What are the main financial results from Tivoli's interim report?
Tivoli reported a revenue of DKK 445.0 million, an EBITDA of DKK -17.8 million, and a profit before tax of DKK -76.1 million for the first half of 2025.
How many visitors did Tivoli attract in the first half of 2025?
Tivoli welcomed approximately 1.3 million guests during the first half of 2025, reflecting a decline compared to the previous year.
What future investments is Tivoli planning?
Tivoli is focused on developing a new amusement area that is slated to open in summer 2026, which will include new attractions and dining options.
What is Tivoli's outlook for the remainder of 2025?
Tivoli expects a robust late summer season with many guest experiences, including the Garden & Flower Festival scheduled for late August.
Who can be contacted for media inquiries regarding Tivoli?
Media inquiries can be directed to Torben Plank, head of Press, at phone number 22237440 or by email at tpl@tivoli.dk.
