Merlin Entertainments PLC: Solid reported results in 2018, albeit 2019 will likely see more headwinds
Moody's view on Merlin's solid 2018 results with growth in EBITDA and lower leverage; however, strong comparables and lack of new LEGOLAND parks will limit growth in 2019Merlin Entertainment is a visitor attraction operator. Co. delivers two types of visitor experiences that it manages across three Operating Groups. Co.'s Midway Attractions operating group is primarily indoor attractions located in city centres, resorts or shopping malls, providing visits of shorter duration. Co.'s Theme Parks are outdoor attractions providing accommodation, rides, shows and interactive experiences around a central theme. They are managed in two Operating Groups: LEGOLAND Parks and Resort Theme Parks. LEGOLAND Parks are targeted at families with younger children and have LEGO as the central theme. Resort Theme Parks are targeted at families, teenagers and young adults.
Moody's Investors Service is a leading provider of credit ratings, research, and risk analysis. Moody's commitment and expertise contributes to transparent and integrated financial markets, protecting the integrity of credit. Our ratings and analysis track debt covering more than:
- 130 countries
11,000 corporate issuers
21,000 public finance issuers
76,000 structured finance obligations
Credit ratings and research help investors analyze the credit risks associated with fixed-income securities. Such independent credit ratings and research also contribute to efficiencies in fixed-income markets and other obligations, such as insurance policies and derivative transactions, by providing credible and independent assessments of credit risk.
Moody’s default studies validate our predictive ratings. Our published research and investor briefings draw thousands of attendees each year and keep investors current with the rationale underlying our credit opinions.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.