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Article: Deep Sea Leisure in talks to grow via acquisitions.(Tourism & attractions news)(Brief Article)
- Article from:
- Leisure Report
- Article date:
- March 1, 2003
CopyrightCOPYRIGHT 2003 William Reed Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Deep Sea Leisure, the Alternative Investment Market listed aquarium operator, is in discussions about possible acquisitions of further attractions.
The company confirmed that talks are underway as it posted results for the eight months to 31 October 2002 showing pre-tax profits of 1.14m [pounds sterling], before exceptional costs of 252,000 [pounds sterling]. This was achieved on turnover of 4.54m [pounds sterling], compared with turnover of 4.64m [pounds sterling] for the equivalent period in 2001, when profits were 878,000 [pounds sterling].
The reporting period was not 12 months as the company has a new year-end following the acquisition of a majority ...