Shares in Brighton Pier Group PLC (AIM:PIER) opened 9% lower after it provided a downbeat assessment of prospects alongside its interims.
The attraction has been blighted by weekend train strikes and poor weather over the crucial summer months, and it told investors that operating profit for the current year is likely to be below market expectations.
In the update, the company said it remains cautious over the short-to-medium term.
For the six months ended 30 June 2023, revenues were off £1.1 million at £16.2 million while underlying earnings (EBITDA) more than halved to £1.4 million from £3 million for the same period a year earlier.
The stock was off 4p at 39p.