Thunderbird Resorts Inc.: May 2015 Revenue Report
12 6월 2015 - 3:20AM
Thunderbird Resorts Inc. / Thunderbird Resorts Inc.: May 2015
Revenue Report . Processed and transmitted by NASDAQ OMX Corporate
Solutions. The issuer is solely responsible for the content of this
announcement.
PANAMA, REPUBLIC OF PANAMA--(Marketwired - Jun 11,
2015) - Thunderbird Resorts Inc. ("Thunderbird" or "Group")
(EURONEXT:TBIRD)(FRANKFURT:4TR) reports the following revenues for
May 2015. For a more detailed analysis of May 2015 revenue, please
visit www.thunderbirdresorts.com and click on "May 2015 Revenue
Report - Analysis" located on the home page under "News and
Releases."
Group revenue for May 2015 vs. May 2014.
Group-wide sales by country -
(unaudited, in millions)(1) |
May
2015 |
May
2014 |
|
Year-over-year
increase/(decrease) |
|
Peru(2) |
$ |
2.42 |
$ |
2.47 |
|
-2.02 |
% |
Nicaragua |
|
1.34 |
|
1.24 |
|
8.06 |
% |
Total Consolidated Operating
Revenues |
$ |
3.76 |
$ |
3.71 |
|
1.35 |
% |
1Revenues
reported are based on monthly average exchange rates, are same
store and are in USD millions. |
2Revenues are
generated primarily from gaming, and secondarily from our
fully-owned Fiesta Hotel and from 2 hotels under management. |
Important Note on Forex: The
strengthening of the US dollar versus our operating currencies
continues to have a material impact on our business as compared to
the same period in 2014. Under a currency neutral analysis (in
which the same exchange rate would be applied to both periods),
Group revenue would have grown by $340 thousand or 9.94%; Peru
revenue would have grown by $180 thousand or 8.04%; and Nicaragua
revenue would have grown by $160 thousand or 13.56%.
ABOUT THE COMPANY
We are an international provider
of branded casino and hospitality services, focused on markets in
Latin America. Our mission is to "create extraordinary experiences
for our guests." Additional information about the Group is
available at www.thunderbirdresorts.com.
Cautionary Notice: This
release contains certain forward-looking statements within the
meaning of the securities laws and regulations of various
international, federal, and state jurisdictions. All statements,
other than statements of historical fact, included herein,
including without limitation, statements regarding potential
revenue and future plans and objectives of the Group are
forward-looking statements that involve risk and uncertainties.
There can be no assurances that such statements will prove to be
accurate and actual results could differ materially from those
anticipated in such statements. Important factors that could cause
actual results to differ materially from the Group's
forward-looking statements include competitive pressures,
unfavorable changes in regulatory structures, and general risks
associated with business, all of which are disclosed under the
heading "Risk Factors" and elsewhere in the Group's documents filed
from time-to-time with the AFM and other regulatory
authorities.
CONTACT INFORMATION
Thunderbird Resorts Inc.
Peter LeSar
Chief Financial Officer
(507) 223-1234
plesar@thunderbirdresorts.com
This
announcement is distributed by NASDAQ OMX Corporate Solutions on
behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Thunderbird Resorts Inc. via Globenewswire
HUG#1928047
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