Merlin share price: Market conditions in London remain challenging

Merlin Entertainments (LON:MERL) has updated investors on its recent trading this morning, reporting that trading in London remain challenging.

**Highlights from Merlin’s statement:**
Group trading year to date has been broadly in line with expectations, reflecting the continuation of the key trends underlying the 2015 result. Market conditions in London remain challenging despite recent favourable movements in foreign exchange rates.
New rides and features opened so far this season, as well as our three new Midway attractions, have been well received and we are encouraged by early guest feedback. The development of new accommodation is progressing well, with the expansion of the LEGOLAND Deutschland Holiday Village already open, and further offerings at Gardaland, Chessington World of Adventures and Warwick Castle on schedule to open over the coming weeks.
As of 07:17 BST, Thursday, 19 May, Merlin Entertainments share price is 431.40p.