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Ardent Leisure Group Continued expansion of Main Event and turnaround for Bowling

Continued expansion of Main Event and turnaround for Bowling: Ardent Leisure Group (ASX: AAD) reported core earnings growth of 11% to $62.4 million in FY16 and the revenue increased 15.6% to $687.6 million driven by growth across every division. The Main Event USD revenue increased by 21.6% while USD EBITDA surged 18.7% boosted by expansion of the high‐returning, high yield business division

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Ardent Leisure Group Continued Expansion of Main Event & Turnaround for Bowling

Continued Expansion of Main Event & Turnaround for Bowling:Ardent Leisure Group (ASX: AAD) reported a core earnings growth of 11% to $62.4 million in FY16 while the revenue increased 15.6% to $687.6 million driven by growth across every division. The Main Event revenue increased by 21.6% and EBITDA is up 18.7% driven by expansion efforts and seven new centers in the year.

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Ardent Leisure Group Growth across all the divisions

Growth across all the divisions:Ardent Leisure Group (ASX: AAD) stock rose over 14% on August 24, 2016 after the company reported FY 16 earnings. The FY16 core earnings rose 11% to $62.4 million and the revenue increased 15.6% to $687.6 million driven by growth across every division. The Main Event revenue increased by 21.6% and EBITDA is up 18.7% owing

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Three stocks that skyrocketed – Ardent Leisure, iSentia Group and Sirtex Medical

Growth across all the divisions:Ardent Leisure Group (ASX: AAD) stock rose over 14% on August 24, 2016 after the company reported FY 16 earnings. The FY16 core earnings rose 11% to $62.4 million and the revenue increased 15.6% to $687.6 million driven by growth across every division. The Main Event revenue increased by 21.6% and EBITDA is up 18.7% owing

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Ardent Leisure Group Selling Health Clubs division

Selling Health Clubs division: Ardent Leisure Group (ASX: AAD) stock surged over 10.8% on August 19, 2016 driven by the news of the group’s sale of its health division to funds advised by Quadrant Private Equity. The group’s Health Clubs division has Goodlife Health Clubs and Hypoxi segments. With this move, the group would be generating $260 million on a

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Ardent Leisure Group Focusing on Key Business

Focusing on key business:Ardent Leisure Group (ASX: AAD) has recently undertaken various strategic initiatives to expand its key leisure and entertainment business in Australia and the US. Accordingly, it plans to sell its $110 million-odd d’Albora Marinas, the largest marina group in Australia and add 11 new centers to Main Event Family Entertainment Centres in the USA taking count to

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