Cedar Fair Posts 2008 Results

Cedar Fair seemed to have a good 2008 despite the economy and today posted their results.  Here are the headlines:

  • Generates A Record $356 Million In Adjusted EBITDA, a 4.5% Increase Over 2007
  • Net Revenues Increase To $996 Million

Kinzel reiterated their capital expenditures for 2009 and explained that they will be looking for ways to reduce debt in 2009.

Cedar Fair stock was down 6% in early trading.

Click here to read the press release.

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