Thunderbird Resorts Inc.: February 2016 Revenue Report
16 3월 2016 - 10:01AM
Thunderbird Resorts Inc. / Thunderbird Resorts Inc.: February
2016 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 - Mar 15,
2016) - Thunderbird Resorts Inc. ("Thunderbird" or "Group")
(EURONEXT: TBIRD)(FRANKFURT: 4TR) reports the following revenues
for February 2016. For a more detailed analysis of February 2016
revenue, please visit www.thunderbirdresorts.com and click on
"February 2016 Revenue Report - Analysis" located on the home page
under "News and Releases."
Group revenue for February 2016 vs. February
2015.
|
|
|
|
Group-wide sales by country - (unaudited,
in millions)(1) |
February
2016 |
February
2015 |
Year-over-year
increase/
(decrease) |
Peru(2) |
$1.96 |
$2.24 |
-12.50% |
Nicaragua |
1.08 |
1.01 |
6.93% |
Total Consolidated Operating
Revenues |
$3.04 |
$3.25 |
-6.46% |
(1) Revenues reported are based on monthly average
exchange rates, are same
store and are in USD millions.
(2) Revenues 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
2015. Under a currency neutral analysis (in which the same exchange
rate would be applied to both periods), Group revenue would have
grown by $120 thousand or 4.11%. Specifically, Peru revenue would
have remained unchanged (no growth or reduction), while Nicaragua
revenue would have increased by $120 thousand or 12.50%.
ABOUT THE COMPANY
We are an international provider of branded casino
and hospitality services, focused on markets in Latin America. The
Company's home Member State is the Netherlands where the shares are
admitted to trading on the Euronext Amsterdam. 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.
Released: Amsterdam, Netherlands CET 1:10 a.m.
Contacts:
Thunderbird Resorts Inc.
Peter LeSar
Chief Financial Officer
(507) 223-1234
plesar@thunderbirdresorts.com
www.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#1994815
--- End of Message ---
Thunderbird Resorts Inc.
Calle Alberto Navarro El Cangrejo, Apartado Panama, Republic of
Panama
Listed: Open Market (Freiverkehr) in Frankfurter
Wertpapierbörse;
Thunderbird Resorts (EU:TBIRD)
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