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Ardent Leisure Group Ltd ( (AU:CEH) ) just unveiled an update.
Coast Entertainment Holdings reported a strong unaudited first-half FY26 performance, with its Theme Parks & Attractions division benefiting from new attractions, targeted marketing campaigns and improving trading conditions. Ticket sales rose 46.6% year-on-year (38.0% on a like-for-like basis), visitation climbed 44.4% (32.4% like-for-like) and operating revenue increased 30.2% to $62.2 million, all surpassing previous peak FY16 levels despite a higher mix of annual passes, while guest satisfaction scores remained high. The December opening of the new King Claw ride at Dreamworld and ongoing strength at SkyPoint underpinned the result, and positive trading momentum continued into January 2026, though at more moderate growth rates as the group cycled a strong prior period. Coast Entertainment also highlighted a pending ministerial decision on its Queensland land development application, which could influence future land use strategy, and reported cash of $37.6 million alongside a recently renewed and upsized, but undrawn, $20 million bank facility, giving the company greater liquidity and flexibility as the Board evaluates capital management options and seeks to maximise shareholder returns.
The most recent analyst rating on (AU:CEH) stock is a Hold with a A$0.55 price target. To see the full list of analyst forecasts on Ardent Leisure Group Ltd stock, see the AU:CEH Stock Forecast page.
More about Ardent Leisure Group Ltd
Coast Entertainment Holdings Limited operates theme parks and attractions, including Dreamworld, WhiteWater World and SkyPoint in Queensland, focusing on family and thrill-ride entertainment and related in-park spending on food, beverage and retail. The group targets both domestic and recovering international tourism markets, positioning its parks as major leisure destinations in Australia.
Average Trading Volume: 308,549
Technical Sentiment Signal: Buy
Current Market Cap: A$211.8M
See more insights into CEH stock on TipRanks’ Stock Analysis page.