Information  X 
Enter a valid email address

Immotion sees further progress in growing aquarium sector

By BFN News | 07:57 AM | Wednesday 25 September, 2019


Immotion Group, the UK-based immersive 'Out of Home' entertainment group, has announced agreements for three further installs in its fast growing Aquarium sector. Immotion will install an initial four headsets in the Dubai Mall just outside the entrance of the Dubai Aquarium, sited in the largest shopping mall in the World, the Dubai Mall. The two additional installs, four headsets each, are in Texas; the first at San Antonio Aquarium, and the second Austin's Aquarium. The company reiterated the performance of the aquarium sector, which is currently trading ahead of its overall partner revenues, which in turn are trading ahead of its overall headsets revenues. Martin Higginson, Immotion Group chief executive said: 'Demand from the aquarium market is really starting to gain traction. We now have over 50 active leads from this sector which gives us real confidence in hitting our EBITDA breakeven figures in Q1 2020.' 'Signing up Dubai Aquarium is another major milestone in the Company's growth story. Not only is this one of the largest aquariums, it is located in the largest shopping mall in the World with over 80 million visitors a year.' Story provided by StockMarketWire.com

a d v e r t i s e m e n t