Half Year 2025 EVT Ltd Earnings Call Transcript

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Feb 24, 2025

Feb 24, 2025 / 01:30AM GMT
Operator

Thank you for standing by and welcome to the EVT Limited half-year results. (Operator Instructions)

I would now like to hand the conference over to Ms. Jane Hastings, CEO. Please go ahead.

Jane Hastings - EVT Ltd - Chief Executive Officer, Managing Director, Executive Director

Thank you. Hi, everyone. Before we get started, I'd like to acknowledge the traditional custodians of the land I'm speaking to you from this afternoon, the Gadigal people of the Eora Nation. I'd like to pay my respects to elders past and present, and I'd like to acknowledge any and all Aboriginal and Torres Strait Islander people joining us today.

Thanks for joining the call, everyone. Revenue for the first half was $649.1 million, marginally down 1.5% on prior year. The hotel's division first-half revenue was up 2% on prior year to $207.1 million. The entertainment group revenue of $371.6 million was down 3.7%, with first-half film lineup impacted by film supply disruption following the 2023 Hollywood strikes.

Thredbo was impacted by adverse winter weather

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