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Merlin sales slump on terrorism fears

The shares fell by around a fifth after the theme park operator revealed that like-for-like sales have been flat in the year to date due to terrorism in the UK and bad weather abroad
October 18, 2017

Shares in Merlin Entertainments (MERL) fell by around a fifth after the group revealed that fears of terrorism and bad weather had made for a disappointing summer season. Group revenue growth is flat in the year to date, well behind the 3.2 per cent consensus growth forecasts. 

IC TIP: Hold at 371p
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