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Madame Tussauds-owner Merlin says too early to tell if London market recovering

Published 02/08/2018, 07:28
Updated 02/08/2018, 07:30
© Reuters. FILE PHOTO: Madame Tussauds employee Keeley Scothern poses with a new figure of Britan's Queen Elizabeth, produced in honour of her Diamond Jubilee in London
MERL
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LONDON (Reuters) - Madame Tussauds-owner Merlin Entertainments (L:MERL) said on Thursday it was too early to tell whether visits to its London attractions were recovering after the impact of last year's militant attacks in Britain.

The attractions operator said that first-half trading had been roughly in-line with expectations, with theme parks boosted by warm weather in Northern Europe, to the detriment of its indoor attractions.

© Reuters. FILE PHOTO: Madame Tussauds employee Keeley Scothern poses with a new figure of Britan's Queen Elizabeth, produced in honour of her Diamond Jubilee in London

It said organic revenue growth was up 4.5 percent, in-line with expectations, but added that reported results had suffered from the weakening of the dollar.

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