Reading International Inc : Reading International Inc- board of directors has approved a three-year business strategy prepared by management . Reading International Inc- board has also authorized a stock repurchase program to repurchase up to $25 million of Reading's non-voting common stock .Reading International-instructed management to inform Patton Vision that board does not have present interest in discussions about possible sale of co.
Ardent Leisure Group : HY revenue from ordinary activities down 5 percent to $317.2 million . Interim distribution 2.0 cps . HY net loss $49.4 million versus profit of $22.7 million . As impact of incident, subsequent closure of parks, negatively impacted attendance; at 31 Dec 2016, group recognised an impairment write off to goodwill of $0.8 million .As impact of incident, negatively impacted attendance; at 31 Dec 2016, group recognised an impairment write off to plant and equipment of $93.6 million.
Ardent Leisure Group : "Main event continues to target positive growth for constant centres over longer term." . Hy revenue and earnings "adversely" impacted by dreamworld tragedy, sale of health clubs & closure of kingpin crown for refurbishment during half . "Main event us roll-out opportunity remains on track, supported by new centres continuing to deliver average first year ebitda returns on investment exceeding 30%." . "Growth in bowling division is expected to continue" . "Dreamworld is expected to recover over course of time" .Main event constant centres are targeting low single digit revenue growth long term.
Flight Centre Travel Group Ltd : Believe that underlying FY17 PBT is likely to be at lower-end or below initial guidance, result between $300 million and $330 million is more likely . Recent india and china acquisitions are not expected to materially affect 2H results . Translation of uk results remains issue and yoy differences in average airfare prices are not yet narrowing to extent we anticipated .In line with normal seasonality in USA, stronger 2H results are expected; overall U.S. business to be profitable by end of month.
Travelport Worldwide Ltd : Travelport Worldwide Limited reports fourth quarter and full year 2016 results . Sees FY 2017 revenue up 3 percent to 5 percent . Q4 loss per share of $0.05 . Q4 earnings per share view $0.20 -- Thomson Reuters I/B/E/S . Says expected mid single-digit growth for travel commerce platform net revenue partly offset by IGTS divestment for 2017 . Sees 2017 adjusted diluted income per share $1.29 - $ 1.37 . Says expected low single-digit growth for adjusted EBITDA in 2017 after strategic growth expenditure . Sees 2017 adjusted EBITDA $585 million - $595 million . Expects FY 2017 free cash flow $165 million - $185 million . Travelport currently anticipates that ENETT, commercial payments business, will grow net revenue by at least 20% in 2017 . Fy2017 earnings per share view $1.36, revenue view $2.48 billion -- Thomson Reuters I/B/E/S . Expects FY 2017 net revenue $2,425 million - $2,475 million . Quarterly net revenue $545.4 million versus $534.9 million .Q4 revenue view $551.6 million -- Thomson Reuters I/B/E/S.
Lead Eastern Investment Co Ltd <000673.SZ>: Sees net profit for FY 2016 up 67 percent, or to be 185 million yuan . Says the net profit of FY 2015 was 110.8 million yuan .Comments the development of film and television drama business is the main reason for the forecast.
Y Optics Manufacture Co Ltd <066430.KQ> :Says it will close fashion(shoes) business unit on Dec. 31, to improve profit structure after a merger.
Wuhan Sante Cableways Group Co., Ltd.<002159.SZ>: Says it plans to dissolve three tourism development units .Says eight tourism-relevant units to be merged into four units.
Travelport Worldwide Ltd : Co committed to undertake course of action to enhance Co's operational and technological efficiency . Travelport expects total charges in connection with program to be about $27 million to $31 million . Program involves consolidating multiple technology vendors with which company currently works . Program involves consolidating Co's three U.S. Technology hubs in Atlanta, Denver & Kansas city into two centers in ATLANTA & Denver . Program is expected to complete within 12 to 18 months, after which co expects annualized cost savings of about $19 million to $23 million . Expects total charges to include about $14 million to $16 million in severance and employee-related obligations . Expects that substantially all of these costs will be cash expenditures .Out of total charge about $6 million incurred during 9 months ended Sept 30, with about $5 million expected to be incurred during.