Turnover up at Yorkshire Wildlife Park despite bad weather impact | Business Doncaster
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Image of polar bear at Yorkshire Wildlife Park
17
Sep

Turnover up at Yorkshire Wildlife Park despite bad weather impact

Turnover has risen at the company behind Yorkshire Wildlife Park, despite the impact of bad weather on visitor numbers. Further growth has been achieved in 2018 with planning permission also secured for a £50m expansion.

The park is home to almost 400 animals from about 70 species, and attracts more than three quarters of a million visitors per year.

Recently filed accounts for Wild Life Group Ltd show turnover of £12.2m was achieved in the year ending 30 November 2017, up from £12m in 2016.

Pre-tax profit dipped to £3.4m from £3.8m the year before, but EBITDA remained steady at about £5m.

In their report accompanying the results, the director said the figures represented a "very good achievement considering the external constraints of visitors to the park, bad weather and no new animal attraction".

During 2017, Yorkshire Wildlife Park invested in the redevelopment of Lemurs Walkthrough and the Forest Play Area. It also built a new staff facility with office space, a restaurant and a gym.

The directors added: "Severe weather at the start of the current year meant a slow start however May was exceptionally strong resulting in £400,000 higher turnover than last year. The introduction of Ussuri Brown Bears in August 2018 has proved very popular and we are expecting a record trading month for August."

Earlier this year, planning permission was granted by Doncaster Council for a £50m expansion of the park.

Facilities including new animal reserves, lakes and landscaping and a visitor support hub are to be developed on a 150-acre site adjacent to the park. This would help it increase its collection of more than 400 animals from more than 80 species, and create about 300 jobs.

Original source