Industry Report Sports Activities and Amusement and Recreation Activities 2016 BULGARIA
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Industry Report Sports activities and amusement and recreation activities 2016 BULGARIA seenews.com/reports This industry report is part of your subcription access to SeeNews | seenews.com/subscription CONTENTS I. KEY INDICATORS II. INTRODUCTION III. REVENUES IV. EXPENSES V. PROFITABILITY VI. EMPLOYMENT 1 SeeNews Industry Report In 2015 there were a total of 3,064 companies operating in the industry. In 2014 their number totalled 2,851. I. KEY INDICATORS NUMBER OF COMPANIES IN SPORTS ACTIVITIES AND The Sports activities and amusement and recreation AMUSEMENT AND RECREATION ACTIVITIES INDUSTRY BY activities industry in Bulgaria was represented by 3,377 SECTORS companies at the end of 2016, compared to 3,064 in the SECTOR 2016 2015 2014 previous year and 2,851 in 2014. OTHER AMUSEMENT AND RECREATION 2,000 1,815 1,692 ACTIVITIES The industry's net profit amounted to BGN 18,409,000 in FITNESS FACILITIES 513 452 427 2016. OTHER SPORTS ACTIVITIES 423 371 323 ACTIVITIES OF AMUSEMENT PARKS AND 190 182 178 The industry's total revenue was BGN 487,724,000 in 2016, THEME PARKS up by 5.19% compared to the previous year. OPERATION OF SPORTS FACILITIES 172 166 157 ACTIVITIES OF SPORT CLUBS 79 78 74 The combined costs of the companies in the Sports activities and amusement and recreation activities industry reached BGN 465,208,000 in 2016, up by 9.97% year-on- year. III. REVENUES The industry's total revenue makes up 0.53% to the country's Gross domestic product (GDP) in 2016, compared The total revenue in the industry was BGN 487,724,000 in to 0.52% for 2015 and 0.45% in 2014. 2016, BGN 463,678,000 in 2015 and 382,431,000 in 2014. A total of 7,683 people were employed in the Sports Total revenue activities and amusement and recreation activities industry Net sales revenue in 2016, compared to 7,587 in 2015 and 7,205 in 2014. 487,724,000 490,000,000 463,678,000 Most of the companies in the industry are based in Sofia, 441,000,000 followed by Varna and Plovdiv. 382,431,000 392,000,000 343,000,000 II. INTRODUCTION 354,904,000 294,000,000 313,169,000 In 2016 the companies in the Sports activities and amusement and recreation activities industry numbered 3,377, distributed 245,000,000264,993,000 in 6 sectors. BGN 196,000,000 147,000,000 INDUSTRY STRUCTURE BY SECTORS AND NUMBER OF COMPANIES 98,000,000 423 513 49,000,000 190 0 2014 2015 2016 172 The companies in the Sports activities and amusement and 79 recreation activities market of Bulgaria earned combined net sales revenues of BGN 354,904,000 in 2016. In annual terms, sales marked a rise of 13.33% compared to 2015. In comparison to 2014 they went up by 33.93%. In 2015 sales rose by 18.18% year-on-year. The Sports activities and amusement and recreation activities industry total revenue make up 0.53% to the country's GDP in 2,000 2016, compared to 0.52% for 2015 and 0.45% in 2014. Other amusement and recreation activities Fitness facilities Other sports activities Activities of amusement parks and theme parks Operation of sports facilities Others 2 SeeNews Industry Report Share in GDP 0.6 INDUSTRY'S NET SALES REVENUE STRUCTURE BY SECTORS 0.55 0.52% 0.53% 12.35% 17.34% 0.5 0.45% 0.45 6.85% 0.4 0.35 5.65% 0.3 0.25 21.80% 0.2 0.15 0.1 0.05 36.01% 0 2014 2015 2016 Other amusement and recreation activities Operation of sports facilities Activities of sport clubs In 2016 the Sports activities and amusement and recreation Other sports activities activities industry contributed to GDP BGN 411,833,000 in Fitness facilities Gross value added (GVA) accounting for 0.27% of the total for the country's economy. Others In the previous year, the industry's GVA amounted BGN The highest growth, of 42.74%, was recorded by Activities of 409,950,000, accounting for 0.26% of the total for the sport clubs. There was no industry's sector to report a drop in country in 2015. In 2014 the GVA of the Sports activities and net sales revenues. amusement and recreation activities was BGN 318,600,000, or 0.22% of the GVA for the country's economy. TOP COMPANIES' REVENUE BY SECTORS SEGMENT COMPANY TOTAL REVENUE NET SALES (BGN) REVENUE (BGN) GVA BY SECTORS OTHER AMUSEMENT AND RECREATION ACTIVITIES RANK SECTOR BGN SHARE OF THE COUNTRY'S BILOT EOOD 22,986,000 111,000 GVA (%) NOVO INVESTMENT BULGARIA EOOD 8,465,000 6,140,000 1 OTHER AMUSEMENT AND RECREATION 162,828,000 0.11 SANDZHENERAL EOOD 7,648,000 0 ACTIVITIES OTHER SPORTS ACTIVITIES 2 ACTIVITIES OF SPORT CLUBS 83,297,000 0.06 AGENTSIA ZA MENIDZHMANT I REKLAMA V 4,506,000 4,468,000 3 OPERATION OF SPORTS FACILITIES 81,742,000 0.05 SPORTA EAD 4 OTHER SPORTS ACTIVITIES 40,143,000 0.03 PFC SLAVIA - 1913 AD 3,948,000 3,905,000 5 FITNESS FACILITIES 22,072,000 0.01 LT KONSULT I MENIDZHMANT EOOD 3,432,000 3,424,000 6 ACTIVITIES OF AMUSEMENT PARKS AND 21,751,000 0.01 ACTIVITIES OF AMUSEMENT PARKS AND THEME PARKS THEME PARKS SUNSET AQUAPARK AD 9,891,000 1,633,000 AKTIV 02 OOD 6,645,000 6,229,000 We expect, based on the trend in the last three years, the total UPPERFUNTASY RING PARK EOOD 2,240,000 2,199,000 revenue of the Sports activities and amusement and FITNESS FACILITIES recreation activities industry to change at a compound annual ATHLETIC FITNESS OOD 3,149,000 3,008,000 growth rate (CAGR) of 12.93% in 2017. EOOD LOTOS 7 - MCH 885,000 885,000 TOP FIT BG OOD 854,000 849,000 NET SALES REVENUE BY SECTORS ACTIVITIES OF SPORT CLUBS RANK SECTOR NET SALES PROFESSIONAL FOOTBALL CLUB 45,047,000 41,549,000 REVENUE (BGN) LUDOGORETS 1945 AD 1 OTHER AMUSEMENT AND RECREATION ACTIVITIES 127,813,000 PROFESSIONAL FOOTBALL CLUB LEVSKI AD 11,325,000 7,278,000 2 OPERATION OF SPORTS FACILITIES 77,378,000 PROFESSIONAL FOOTBALL CLUB CSKA EAD 7,081,000 1,168,000 3 ACTIVITIES OF SPORT CLUBS 61,526,000 OPERATION OF SPORTS FACILITIES 4 OTHER SPORTS ACTIVITIES 43,832,000 ULEN AD 28,139,000 27,477,000 5 FITNESS FACILITIES 24,309,000 PAMPOROVO AD 18,277,000 10,324,000 6 ACTIVITIES OF AMUSEMENT PARKS AND THEME PARKS 20,046,000 BOROSPORT AD 13,418,000 13,408,000 The top 10 companies in terms of total revenue in Sports activities and amusement and recreation activities accounted for 35.88% of the industry's total in 2016, 38.63% in 2015 and 37.73% in 2014. 3 SeeNews Industry Report NAVY COMMERCE EOOD 4,392,000 TOP 10 COMPANIES BY TOTAL AND NET SALES REVENUE IN THE LAMS HOLDING GRUP OOD 3,214,000 INDUSTRY TON BONBON OOD 2,895,000 RANK COMPANY TOTAL REVENUE NET SALE (BGN) REVENUE (BGN) FAMILIA EOOD 2,875,000 1 PROFESSIONAL FOOTBALL CLUB 45,047,000 41,549,000 LUDOGORETS 1945 AD 2 ULEN AD 28,139,000 27,477,000 The 10 largest companies in terms of total revenue in sector 3 BILOT EOOD 22,986,000 111,000 Other amusement and recreation activities earned total 4 PAMPOROVO AD 18,277,000 10,324,000 revenue of BGN 67,536,000 and accounted for 13.85% of the 5 BOROSPORT AD 13,418,000 13,408,000 industry's total revenue. 6 PROFESSIONAL FOOTBALL CLUB LEVSKI AD 11,325,000 7,278,000 7 SUNSET AQUAPARK AD 9,891,000 1,633,000 TOP 10 COMPANIES BY TOTAL REVENUE IN THE SECTOR OTHER 8 NATIONAL SPORT BASE EAD 9,789,000 8,646,000 SPORTS ACTIVITIES WERE: COMPANY BGN 9 NOVO INVESTMENT BULGARIA EOOD 8,465,000 6,140,000 AGENTSIA ZA MENIDZHMANT I REKLAMA V SPORTA EAD 4,506,000 10 SANDZHENERAL EOOD 7,648,000 0 PFC SLAVIA - 1913 AD 3,948,000 LT KONSULT I MENIDZHMANT EOOD 3,432,000 BULGARIAN SKI POOL EOOD 2,735,000 The total revenues of the top 10 companies in the Sports activities and amusement and recreation activities were 0.19% SPOCS INTERNATIONAL SPORTSMANAGEMENT AND RIGHTS EOOD 1,868,000 of GDP in 2016, compared to 0.20% for 2015 and 0.17% in ADVENTURE FACILITY CONCEPTS AND MANAGEMENT OOD 1,437,000 2014. MONDEAL 2008 EOOD 1,343,000 PIRN GOLF & COUNTRY CLUB EAD 1,265,000 The top 10 by assets in the Sports activities and amusement BF BORBA - PUL EOOD 1,037,000 and recreation activities industry made up BGN 68,276,000, SPORTNA SOFIA - 2000 EAD 949,000 or 19.24% of the total net sales revenue. TOP 10 BY TOTAL ASSETS IN THE INDUSTRY The 10 largest companies in terms of total revenue in sector RANK COMPANY BGN Other sports activities earned total revenue of BGN 1 NATIONAL SPORT BASE EAD 191,066,000 22,520,000 and accounted for 4.62% of the industry's total 2 ULEN AD 113,003,000 revenue. 3 PAMPOROVO AD 73,194,000 4 ACADEMICA 2011 EAD 67,935,000 TOP 10 COMPANIES BY TOTAL REVENUE IN THE FIELD ACTIVITIES 5 BILOT EOOD 67,564,000 OF AMUSEMENT PARKS AND THEME PARKS WERE: COMPANY BGN 6 BOROSPORT AD 51,976,000 SUNSET AQUAPARK AD 9,891,000 7 NOVO INVESTMENT BULGARIA EOOD 51,835,000 AKTIV 02 OOD 6,645,000 8 ARMITEKS EOOD 42,665,000 UPPERFUNTASY RING PARK EOOD 2,240,000 9 BILOT INVESTMANT EOOD 38,186,000 AQUAPOLIS OOD 1,502,000 10 PROFESIONALEN SPORTEN FUTBOLEN KLUB 37,916,000 CHERNOMORETZ BURGAS AD ESOESBG EOOD 1,150,000 AQUAPARK MANAGEMENT EOOD 869,000 GLOBAL GEYMS - 2010 OOD 777,000 TOP 10 COMPANIES WITH HIGHEST ANNUAL GROWTH IN INTERTUR OOD 406,000 OPERATING REVENUE IN SPORTS ACTIVITIES AND AMUSEMENT HAPPY LAND PARK MANAGAMENT PLS KDA 359,000 AND RECREATION ACTIVITIES EKSELSIOR EOOD 327,000 RANK COMPANY Y/Y GROWTH 1 BYALA-SPORT EOOD 10700.00% 2 SPORTEN TSENTAR ZHIRARDELI SPORT BANSKO AD 10333.33% The 10 largest companies in terms of total revenue in sector 3 BAY SANDE OOD 6657.14% Activities of amusement parks and theme parks earned total 4 GTK GROUP EOOD 5500.00% revenue of BGN 24,166,000 and accounted for 4.95% of the 5 INFINITY WAKE PARKS EOOD 5040.00% industry's total revenue.