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Tivoli A/S held the Annual General Meeting on Thursday 24 April 2025.
The annual report was approved, including the Board of Directors' proposal to distribute a dividend of 25% of the result after tax, corresponding to DKK 30.9 million, which corresponds to DKK 5.4 per share for a shareholding of a nominal value of DKK 10.
The Board of Director of Tivoli A/S has adopted the Interim Report for the period 1 January – 31 March 2025.
Tivoli opened the summer season on the 4 April, which is later than last year, where the season opened on the 22 March. This affects the result for the period, as outlined:
In accordance with article 8 of the articles of association, notice is hereby given of the annual general meeting of Tivoli A/S:
The Supervisory Board of Tivoli A/S has adopted and approved the Annual Report for 2024 at the board meeting on 21th of March 2025.
2024 highlights:
Tivoli A/S’ Annual General Meeting will take place on Thursday 24 April 2025 at 1:30 pm CET at the Tivoli Concert Hall.
Tivoli's Christmas season started on November 15th and has so far been well-visited by guests from both home and abroad. Tivoli's Christmas market has been ranked as one of the world's most beautiful Christmas markets, and Tivoli looks forward to a splendid end to 2024, which will mark a very special year for Tivoli. The recently concluded Halloween season ended with record-breaking revenue and earnings, and this, combined with the solid start to the Christmas season, makes Tivoli increase its expectations for the year’s financial results.
Tivoli's most recently announced expectations for 2024 were a revenue of around DKK 1,250 million and a profit before tax of around DKK 130 million. With this increase, Tivoli now expects a revenue of around DKK 1,300 million and a profit before tax of around DKK 150 million.
”Tivoli's seasons are well-visited, and guests spend both time and money when they visit the Gardens. Tivoli's business is strong, which means that Tivoli is now looking at a profit before tax of approximately DKK 150 million, which is historically high. We look forward to the beautiful Christmas season bringing joy to both young and old throughout December and actually all the way until January 5th” says CEO, Susanne Mørch Koch.
The Supervisory Board of Tivoli A/S has on 29 October 2024 adopted the Interim Report for the period 1 January – 30 September 2024.
Results for the period 1 January – 30 September 2024 in outline:
Following Esben Thykier being promoted to a leadership role at Tivoli, he has decided to resign from the Board of Directors as an employee representative member as of today. The first alternate, John Høegh Berthelsen, will join the Board of Directors for the remainder of the term until the ordinary general meeting in 2026, where elections for new employee representative board members will take place.
The summer season of 2024 ends on September 22nd, and the summer has brought changeable rainy weather, but also a beautiful end to the summer. The Tivoli Gardens have been well visited and Tivoli now increases the expectations for this year’s financial results.