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Cedar Fair profit up more than 5 percent

Sandusky Register Staff • Feb 21, 2012 at 11:47 AM

Officials with Cedar Fair announced record revenues for 2011 in a conference call with investors on Tuesday morning.

Net Revenues reached $1.028 billion, up 5.2 percent from 2010.

Matt Ouimet, president and chief executive officer announced a $0.40 per share cash distribution will be paid out on March 15.

The announcement comes on the heels of news from Cedar Fair that the company had record attendance of 23.5 million guests in 2011, up 2.6 percent to 2010.

Click the press release below for more.

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