LEGOLAND owner Merlin Entertainments (LON:MERL) said it made a ‘satisfactory’ start to the year but warned a weaker euro could affect UK visitor numbers.
The building blocks for a successful year have been made in the first quarter, with revenue growth rising by 3.5% on a constant currency basis.
Like-for-like revenue grew 3.3% for the 18 weeks to 2 May driven by warmer weather across Europe.
The Madame Tussauds, Sealife centre and Thorpe Park owner said however that a weaker Euro could impact the number of visitors to the UK from the Eurozone as it becomes more expensive to travel.
Chief executive Nick Varney, said: “Merlin has had a satisfactory start to 2015, having made tangible progress across our strategic growth drivers.
“Looking forward, we are positive on the outlook for the remainder of the year. At this early stage of the season, our full year expectations remain unchanged, although we remain mindful of the potentially negative impact a weaker Euro could have on Eurozone visitation to the UK.”
Last year the company was boosted by the sustained success of The LEGO Movie, which it estimated boosted end of year profit at its LEGOLAND parks by 21%.
Promotions relating to the movie finished in April 2015 and the company said it is now focussed on making its parks ‘destination holidays’ with a new hotel being opening at LEGOLAND Florida in May.