1H26 Results Announcement
| Stock | Coast Entertainment Holdings Ltd (CEH.ASX) |
|---|---|
| Release Time | 13 Feb 2026, 8:40 a.m. |
| Price Sensitive | Yes |
Coast Entertainment Reports 30 December 2025 Half Year Results
- Strong trading momentum continued, with solid growth across key performance metrics
- Material uplift in half-year EBITDA, significantly exceeding FY25 full-year result
- Solid debt-free balance sheet, with cash of $37.6 million and $134.3 million in available tax losses
Coast Entertainment Holdings Limited (ASX: CEH) today announces its results for the half-year period ended 30 December 2025. The company reported strong trading momentum, with solid growth across key performance metrics. Ticket sales were up 46.6% versus the prior period (+38.0% LFL), surpassing the Group's previous peak of 1H16. Total visitation increased 44.4% (+32.4% LFL), with Dreamworld achieving a new record daily attendance during the recent school holiday period. Operating revenue of $62.2 million was up 30.2% versus the prior period (+21.8% LFL), exceeding 1H16 levels. The company also reported a material uplift in half-year EBITDA (excluding Specific Items), with the Theme Parks & Attractions segment delivering $11.2 million, up 169.0% (+107.7% LFL), surpassing the FY25 full-year result. Consolidated Group EBITDA (excluding Specific Items) was $8.7 million, up 368.2% (+182.0% LFL), significantly exceeding the FY25 full-year result. The company maintained a solid debt-free balance sheet, with cash of $37.6 million and $134.3 million in available tax losses at the reporting date. The company also announced a landmark partnership with the Australian Olympic Committee, appointing Dreamworld as the Official Theme Park Partner of the Australian Olympic Team.
The company expects to see some moderation in growth rates in 2H26, relative to 1H26 performance, as it cycles a strong 2H25 performance following the opening of Rivertown in December 2024. The company recently announced the closure of its iconic Motocoaster attraction and is currently reviewing strategic options for its replacement.