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Tivoli A/S/DKr TIV

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About Tivoli A/S

Tivoli A/S operates Tivoli Gardens, an amusement park and cultural venue in Copenhagen, Denmark. Established in 1843, it is among the world's oldest operating amusement parks. The park features over 30 rides, including the historic Rutschebanen wooden roller coaster from 1914, and hosts a variety of cultural events such as concerts, theater performances, and seasonal festivals. Additionally, Tivoli A/S manages the Nimb Hotel, a five-star boutique hotel with associated fitness, pool, and spa facilities, as well as multiple dining establishments under the Nimb brand. The company also leases space to various shops and restaurants within the park and operates the Pantomime Theatre, Tivoli Youth Guard, and Tivoli Ballet School. Headquartered in Copenhagen, Tivoli A/S is a public limited company with approximately 21,000 shareholders.
Ticker
DKr TIV
Sector
Consumer Discretionary
Primary listing
CSE
Employees
1,087
Headquarters
Copenhagen, Denmark
Website
www.tivoli.dk

Tivoli A/S Metrics

BasicAdvanced
kr 3.5B
34.46
kr 17.76
0.26
kr 5.50
0.90%

Bulls say / Bears say

Revenue rose 6% in the first nine months while visitor numbers were broadly flat, pointing to higher spend per guest across Tivoli’s attractions, restaurants and cultural offer. That gives the company a way to grow sales without relying only on more visitors. (Tivoli A/S)
The new Hikari area is already drawing guests and contributing positively to the business, according to Tivoli, and third-quarter revenue rose 6%. If that early response lasts, the major investment could support future sales and guest spending. (ProInvestor, Tivoli A/S)
Third-quarter revenue and earnings grew, and Tivoli reported a well-attended Halloween season. It has kept its 2026 forecast of about DKK 1.4 billion in revenue and DKK 145 million profit before tax, with the Christmas season still ahead. (Avisen.dk, Tivoli A/S)
Earnings are falling despite higher sales: for the first nine months, EBITDA was down 12% and profit before tax down 62%, while revenue rose 6%. Higher operating costs are absorbing much of the growth. (Tivoli A/S)
Visitor numbers were almost unchanged year on year through September, at 2.682 million versus 2.689 million. That leaves Tivoli’s plan to grow annual attendance to 4.5 million by 2030 dependent on delivering a meaningful increase from its recent level. (Tivoli A/S, Ejendomswatch)
Tivoli plans targeted investment of up to DKK 1 billion through 2030, while its new Hikari area and other initiatives have already raised short-term costs. If these projects do not bring enough extra visitors or spending, the returns may not justify the outlay. (Ejendomswatch, Tivoli A/S)
Data summarised monthly by Lightyear AI. Last updated on 1 Nov 2026.

Tivoli A/S Financial Performance

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Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by CBOE Europe and Deutsche Börse.