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Australia's Ardent Leisure to book theme park impairment charge of at least $12 million

(Reuters) - Ardent Leisure Group Ltd <AAD.AX> on Friday said it would book an accounting charge in the first half of fiscal 2018 due to a slow recovery in visitor numbers at its Dreamworld theme park.

The theme park operator in a statement said it would book a non-cash impairment charge of A$15 million ($12.01 million) to A$25 million due to a lower-than-expected rate of recovery of Dreamworld visitor numbers.

The theme park business is likely to break even in the first half of fiscal 2018, on an core-earnings basis, and add to core earnings for the full year, the company said.

($1 = 1.2491 Australian dollars)

(Reporting by Aaron Saldanha in Bengaluru)

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