)

Tivoli A/S (TIV) investor relations material
Tivoli A/S Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Executive summary
Net revenue for H1 2025 was DKK 445.0 million, down 2% year-over-year due to fewer opening days and lower visitor numbers, with 1.3 million guests versus 1.4 million in 2024.
Profit before tax for H1 2025 was DKK -76.1 million, a decrease from DKK -63.5 million in H1 2024, mainly due to lower activity and strategic investments.
Major investments included the new Asia area, digital solutions, and facility upgrades, with the Asia area set to open in summer 2026.
Financial highlights
EBITDA for H1 2025 was DKK -17.8 million, compared to DKK -6.3 million in H1 2024.
Depreciation and amortization totaled DKK 54.6 million, up 3% year-over-year.
Cash flow from operating activities was DKK 10.8 million, down from DKK 15.2 million in H1 2024.
Equity as of June 30, 2025, was DKK 1,057.1 million, down from DKK 1,146.9 million at year-end 2024.
Outlook and guidance
Full-year 2025 guidance maintained: revenue expected at DKK 1,300 million and profit before tax at DKK 130 million.
Visitor numbers and financial results for H1 2025 met management expectations despite weather challenges.
Next Tivoli A/S earnings date

Next Tivoli A/S earnings date

The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
)
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
)
I can't remember the last time an app had such a positive impact on my investment process.
)
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
)
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
I can't remember the last time an app had such a positive impact on my investment process.
)
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
)
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
)
)
)
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage