skip to content

Interim Results

Cineworld revenues rise

10 August 2017 07:27

Cineworld Group's revenues rose to £420.2m in the six months to the end of June - up 17.8% on a statutory basis and 12.4% at constant currencies.

UK & Ireland saw revenue growth of 11.5% while ROW revenue growth was 28.7% on a statutory basis and 13.7% on a constant currency basis, with double digit growth in Israel, Poland, Romania, Bulgaria and Slovakia.

Pre-tax profits were up 57.5% on a statutory basis at £48.2m while adjusted pre-tax profits rose by 22.4% to £50.2m.

Adjusted diluted EPS increased by 21.3% to 15.4p and group declared an interim dividend of 6.0p - up 15.4%.

Chief executive Mooky Greidinger said: ""We are very pleased to report our results for the first half of 2017 - showing strong growth in admissions, revenues, EBITDA and profit after tax.

"I believe that the six months results clearly reflect our strategy and a good quality of film slate.

"Our strategy is based on our strong belief in the cinema experience, emphasising our efforts on creating our cinemas in a way that will give our customers 'the best way to watch a movie'."

Story provided by StockMarketWire.com

Related Company: CINE

Info Point:

To buy or sell shares call our Dealing Room on 0113 243 6941.

Too much jargon? Our glossary will help make sense of things.

Find out more about our Share Dealing Services.

Client Area Access

» Secure Login

» Not registered yet?

aew-banner-180x255.jpg

Branch Finder

Redmayne-Bentley have High Street branches throughout the UK. Find your nearest branch.