Coast Entertainment (ASX:CEH) has provided a preliminary update on its unaudited trading performance for the half year ended Dec. 30, 2025, reflecting 27 weeks of trading in FY26, a 53-week year.
The group reports solid momentum across its Theme Parks & Attractions portfolio, driven by newly opened attractions, targeted marketing campaigns, and improving trading conditions.
Ticket sales rose 46.6% compared with H1 FY25 (38% on a like-for-like basis), surpassing FY16 peak levels, supported by strong annual pass sales and promotional campaigns including end-of-financial-year, King’s Birthday, and Black Friday offers.
Total visitation grew 44.4% (32.4% like-for-like), with record daily attendance at Dreamworld during peak school holidays, while guest satisfaction scores remained high.
These gains translated to operating revenue of $62.2 million, up 30.2% (21.8% like-for-like), with food & beverage and retail revenues also exceeding historical benchmarks.
Deferred revenue rose 42.8% as the shift toward annual passes continued, while international visitation showed gradual recovery.
December saw the opening of the King Claw, the Southern Hemisphere's fastest Gyro Swing ride, complementing Rivertown and enhancing Dreamworld's attraction portfolio. SkyPoint also achieved record revenues.
The group expects a substantial uplift in EBITDA (excluding Specific Items) for H1 FY26, supported by revenue growth and leverage of fixed costs, with corporate costs rising marginally.
At the time of reporting, Coast Entertainment's share price was $0.56.