Leisure group reveals 30pc rise


Theme parks Alton Towers and Chessington World of Adventures have again proved strong earners for leisure group Tussauds.

Annual results from the privately owned group reveal turnover in 2002 rose 30 per cent to 178.4 million while underlying earnings reached 65.1 million - up 48 per cent on 2001 and twice the amount seen two years ago.

As well as the world famous Madame Tussauds, Europe's largest visitor attraction business runs Thorpe Park and the London Eye.

Tussauds was owned for 20 years by media group Pearson but bought by venture capital firm Charterhouse in 1998.

The business now attracts 15 million customers a year and is thought to be considering a flotation within the next year.