Six Flags Entertainment CEO Presents At Goldman Sachs Lodging, Gaming, Restaurant And Leisure Conference (Transcript)

Six Flags Entertainment Corp. (SIX)

Six Flags Entertainment Corporation at Goldman Sachs Lodging, Gaming, Restaurant and Leisure Conference

June 05, 2012 03:30 pm ET

Executives

Jim Reid-Anderson - Chairman, President and CEO

Nancy Krejsa - Senior Vice President, Investor Relations and Corporate Communications

Analysts

Presentation

Next up is, Six Flags Entertainment. Nancy Krejsa is in charge of Investor Relations, Jim Reid-Anderson is the Chairman, President and CEO of Six Flags. I am going to let Jim go through some of the basics of the story and then we will go to Q&A.

Jim Reid-Anderson

Steve suggested that what we should do is do a five-minute summary of the company and then spend most of our time on Q&A, and so that's what we are going to do. For those of you that are online, there is no formal presentation that I am going to run through right now. So, Six Flags is an interesting story.

The company has been around for 60 years, but really I think now is hitting its stride and I guess I would summarize by saying that Six Flags is really back to what it does best which is running regional theme parks.

I think if you try to put the company's context, we are about $1 billion in revenue, we have 19 parks across North America and we generate about $350 million in EBITDA that was last year's number and we also generate on a pro forma basis about $3.80 per share in cash EPS, so one of the questions you get asked is why Six Flags? Why invest in this company?

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