Thunderbird Resorts Inc.: March 2015 Revenue Report
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Thunderbird Resorts Inc.: March 2015 Revenue Report
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PANAMA, REPUBLIC OF PANAMA--(Marketwired - Apr 7, 2015) - Thunderbird Resorts
Inc. ("Thunderbird" or "Group") (EURONEXT:TBIRD)(FRANKFURT:4TR) reports the
following revenues for March 2015. For a more detailed analysis of March 2015
revenue, please visit www.thunderbirdresorts.com and click on "March 2015
Revenue Report - Analysis" located on the home page under "News and Releases".
Group revenue on an as reported basis for March 2015 vs. March 2014.
+-------------------------------------------+-------+-------+----------------+
| | | | Year-over-year |
| Group-wide sales by country - as reported | March | March | increase/ |
| (unaudited, in millions)((1)) | 2015 | 2014 | (decrease) |
+-------------------------------------------+-------+-------+----------------+
| Peru((2)) | $2.51 | $2.31 | 8.66% |
| | | | |
| Nicaragua | 1.15 | 1.09 | 5.50% |
+-------------------------------------------+-------+-------+----------------+
| Total Consolidated Operating Revenues | $3.66 | $3.40 | 7.65% |
+-------------------------------------------+-------+-------+----------------+
Group revenue on a currency neutral basis for March 2015 vs. March 2014. In this
analysis, we apply the average exchange rate for March 2015 to the March 2014
revenues in order to compare the two periods as if there was no impact from
foreign exchange whatsoever.
+--------------------------------+-----+-----+--------------+
|Group-wide sales by country - | | |Year-over-year|
|currency neutral |March|March| increase/|
|(unaudited, in millions)((1)) | 2015| 2014| (decrease)|
+--------------------------------+-----+-----+--------------+
|Peru((2)) |$2.35|$2.12| 18.40%|
| | | | |
|Nicaragua | 1.15| 1.04| 10.58%|
+--------------------------------+-----+-----+--------------+
|Total Consolidated Operating | | | |
|Revenues |$3.66|$3.16| 15.82%|
+--------------------------------+-----+-----+--------------+
(1 )Revenues reported are based on monthly average exchange rates, report same
store revenues and are in USD millions. From month to month, exchange rate
fluctuations could cause an impact on revenues as compared to the previous
year.
(2) 2015 and 2014 revenues consist of all gaming revenue in the country plus
revenue from our fully-owned Fiesta Hotel and management fees for the
Thunderbird Hotel - Pardo, Thunderbird Hotel - Carrera and Thunderbird Hotel -
El Pueblo, which are owned by third parties.
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.
Thunderbird Resorts Inc.
Peter LeSar
Chief Financial Officer
(507) 223-1234
plesar(at)thunderbirdresorts.com
www.thunderbirdresorts.com
This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Thunderbird Resorts Inc. via GlobeNewswire
[HUG#1909279]
Unternehmensinformation / Kurzprofil:
Datum: 07.04.2015 - 21:06 Uhr
Sprache: Deutsch
News-ID 384100
Anzahl Zeichen: 5580
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