FINWIRES · TerminalLIVE
FINWIRES

ASX:EVT

8 stories mentioning ASX:EVTUpdated 16d ago

Every FINWIRES story that references ASX:EVT, newest first.

Asia

EVT's Thredbo Resort in New South Wales Achieves EarthCheck Platinum Destination Certification

EVT's (ASX:EVT) Thredbo Resort in New South Wales achieved EarthCheck platinum destination certification, becoming the first tourism location in the Asia-Pacific region to do so, according to a Tuesday statement.The resort achieved the milestone after delivering improvements across energy, waste, biodiversity, and community engagement over a 10-year period, including a transition to 100% renewable electricity, the company said.

ASX:EVT
Asia

EVT's Medium-Term Growth Driven by High-Margin Managed Hotel Agreements, Near-Term Cinema Rebound, Jarden Says

EVT's (ASX:EVT) medium-term growth is driven by high-margin managed hotel agreements, plus a cinema rebound in the near-term, with the property portfolio anchoring EVT's valuation, Jarden said in a Thursday note.EVT runs three main divisions, hospitality, entertainment, and leisure, underpinned by an around AU$2.3 billion property portfolio.It forecast a fiscal year 2026 earnings before interest, taxes, depreciation, and amortization (EBITDA) growth of 3% to AU$166 million, weighed down mostly by hotel refurbishments. In fiscal year 2027, an unwinding of the refurbishments, additional contribution from EVT Connect, and a healthy film slate supports 12% growth to AU$187 million.The investment firm downgraded EVT to overweight from buy and cut the price target to AU$14.80 per share from AU$16.62 per share.

ASX:EVT
Asia

ASX Biggest Losers

Here are the ASX-listed companies with the biggest losses on Friday.Electro Optic Systems Holdings (ASX:EOS): -6%, AU$8.38Pro Medicus (ASX:PME): -5%, AU$199.56Tamboran Resources (ASX:TBN): -4%, AU$0.23Elevra Lithium (ASX:ELV): -4%, AU$8.67Austal (ASX:ASB): -4%, AU$3.77EVT (ASX:EVT): -3%, AU$12.33Telix Pharmaceuticals (ASX:TLX): -3%, AU$16.36Marimaca Copper (ASX:MC2): -3%, AU$7.51SiteMinder (ASX:SDR): -3%, AU$3.79Codan (ASX:CDA): -3%, AU$43.25

ASX 200ASX:ASBASX:CDAASX:ELVASX:EOSASX:EVTASX:MC2ASX:PMEASX:SDRASX:TBNASX:TLX
Asia

EVT Expands SCREENX Partnership With CJ 4DPLEX, Taking Locations to Eight

EVT (ASX:EVT) EVT, owners of Event Cinemas, said it has added four new SCREENX locations, expanding its multi-year partnership with CJ 4DPLEX, a producer of premium cinema formats and immersive theater experiences, according to a Friday statement.The company said the new SCREENX locations will open at Event Cinemas Bondi in Australia and Event Cinemas Albany in New Zealand, with a third and fourth Australian location to be announced.SCREENX is a multi-projection cinema format that expands select scenes of a film beyond the traditional frame and onto the side walls of the theater to create a 270-degree panoramic viewing environment, the statement added.

ASX:EVT
Asia

EVT Says Velocity Frequent Flyer Launches Partnership with Event Cinemas, Village Cinemas

EVT (ASX:EVT) said Velocity Frequent Flyer launched a partnership with Event Cinemas and Village Cinemas, under which members can earn a Velocity point per eligible AU$1 spent on Velocity movie tickets and candy bar purchases and redeem points instantly using the points + pay system, according to a Thursday statement.Movie tickets are available from 2,000 Velocity points, and the partnership launched at 70 cinema locations and over 600 screens across Australia.Its shares rose 1% in recent trading on Thursday.

ASX:EVT
Wire

EVT's Connect Hospitality Signs Management Agreement for Queensland Hotel

EVT's (ASX:EVT) Connect Hospitality secured a management agreement for Sage James Street Brisbane, a 93-room hotel in Brisbane, Queensland, according to a Thursday statement from the company.The agreement reflects the continued momentum in Connect Hospitality's asset light growth strategy, said Mat Duff, EVT's director of Commercial and Connect Hospitality.

ASX:EVT
Asia

ASX Biggest Losers

Here are the 10 ASX-listed companies with the biggest losses on Monday.Wisetech (ASX:WTC): -3%, AU$42.79NexGen Energy (ASX:NXG): -3%, AU$17.26Telix Pharmaceuticals (ASX:TLX): -2%, AU$14.47Cochlear (ASX:COH): -2%, AU$94.76Paladin Energy (ASX:PDN): -2%, AU$12.28Origin Energy (ASX:ORG): -2%, AU$12.44EVT (ASX:EVT): -2%, AU$12.44Tuas (ASX:TUA): -2%, AU$5.97Ramsay Health Care (ASX:RHC): -2%, AU$39.15Southern Cross Gold (ASX:SX2): -2%, AU$11.07

ASX 200ASX:COHASX:EVTASX:NXGASX:ORGASX:PDNASX:RHCASX:SX2ASX:TLXASX:TUAASX:WTC
Asia

EVT Sees Marginal Growth in Fiscal 2026 Hotels EBITDA, Warns of Emerging Demand Weakness

EVT (ASX:EVT) expects a marginal year-on-year increase in fiscal 2026 normalized earnings before interest, taxes, depreciation, and amortization (EBITDA) from its hotels segment, according to a Friday Australian bourse filing.The company noted that the Easter trading period showed emerging weakness in demand, particularly impacting "drive" destinations, including the Snowy Mountains region of New South Wales.Meanwhile, the Middle East crisis has had a limited impact to date, the company said. Cancellations from international inbound guests were largely offset by displaced international guests and domestic demand driven by events.However, signs of softening are emerging in forward demand from international inbound guests, corporate travel, and conference and events, with shorter booking lead times emerging, the company added.In entertainment, the company anticipates "reasonable" growth in fiscal 2026 from the prior year, assisted by the strong year-to-date result from CineStar in Germany.However, the result has been impacted by the closure of the Bondi cinema for refurbishment and water damage at the Manukau site in Auckland.Finally, Thredbo fiscal 2026 normalized EBITDA is expected to range from AU$22 million to AU$23 million, subject to fuel cost impacts on drive tourism and winter weather conditions in June, per the filing.

ASX:EVT

Track with the FINWIRES app suite

FolioX
FolioX
Track ASX:EVT in your portfolio
WheelAI
WheelAI
Analyze ASX:EVT options with the wheel strategy
StockInsider
StockInsider
See market sentiment on ASX:EVT