Cineworld Group plc was founded in 1995 and is now one of the leading cinema groups in Europe. Originally a private company, it re-registered as a public company in May 2006 and listed on the London Stock Exchange in May 2007. Currently, Cineworld Group plc is the only quoted UK cinema business.
In December 2012, the Group acquired the Picturehouse chain of cinemas consisting of 21 cinemas, and in February 2014, the combination with Cinema City completed, creating the second largest cinema business in Europe (by number of screens). The enlarged Group now has 217 sites and a total of 2,000 fully digital screens. Our portfolio includes four out of the ten highest grossing cinemas in the UK and Ireland. We pride ourselves on outstanding picture quality and atmospheric surround sound; the soft, deep-down comfort of our modern seating; the crunch of our popcorn; and, most importantly, the friendliest customer service around. All our sites are digital, and we are one of the market leaders in 3D, a format which will become increasingly important.
In 2014, Cineworld accounted for 82.9 million admissions, had revenues of £619.4 million and an Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA) before exceptional items of £126.6 million.

Final Results

Other key highlights

· Group box office market share of 27.4% (2012: 26.4%) in UK and Ireland (Rentrak) with Cineworld Cinemas' market share up 0.7 percentage points to 25.4% (2012: 24.7%);

· Group admissions 1.4% higher than 2012 on a pro-forma basis(3);

· Average ticket price per admission up 2.8% to £5.43 (2012: £5.28) with higher average retail spend per person at £1.83 (2012: £1.73);

· EBITDA up 8.1% to £72.3m (2012: £66.9m)

· Full year dividend of 10.1p per share which represents a 6.3% growth in cash dividend for those shareholders which took up their rights as part of the rights issue on 14 February 2014;

· Opening of a nine screen cinema in Wembley, a new ten screen cinema in Gloucester Quay and the reopening of the Glasgow Science Centre IMAX as a Cineworld Cinema;

· Nine new Starbucks outlets opened in year bringing total to 11;

· On 10 January 2014, Cineworld Group announced the combination with the cinema assets of Cinema City International N.V. ("CCI") which completed on 27 February 2014.


http://www.moneyam.com/action/news/showArticle?id=4767766

Cineworld in IMAX expansion

By Jamie Nimmo

April 03 2014, 1:05pm
Cineworld in IMAX expansion

Cinema operator Cineworld (LON:CINE) has become IMAX’s largest European partner after bolstering its portfolio with another 11 IMAX theatres.

Eight new IMAX screens will be installed in existing Cineworld cinemas in the UK and another three to theatres in Central Europe and Israel following the deal for Cinema City completed earlier this year.

Cineworld now has 35 IMAX cinemas, making it IMAX’s largest partner in Europe.

Chief executive Mooky Greidinger said: “We put our customers at the heart of everything we do and our IMAX expansion is a direct result of giving our customers more of what they want - the biggest blockbusters in the world's most immersive format.

“As we enter a new chapter of our evolution, we are excited to grow our partnership with IMAX and continue to leverage the power of The IMAX Experience® as the premium offering in our combined portfolio and a key differentiator that will help us seize the growth opportunities that we see throughout Europe.”

The shares edged up 2p to 302p, but have fallen 20% this year.

Cineworld Group Director Deals


25/04/2014 BUY Mooky Greidinger CEO 333,368
25/04/2014 BUY Mooky Greidinger CEO 48,090
25/04/2014 BUY Israel Greidinger ED 333,368
25/04/2014 BUY Israel Greidinger ED 48,090
24/04/2014 BUY Mooky Greidinger CEO 400,000

Sharecast -

Cineworld's newest board members stock up

Fri, 25 April 2014

Mooky Greidinger, who took over as Chief Executive Officer (CEO) of Cineworld just two months ago, on Friday acquired 48,090 shares in the group.

He paid 302.63p a share spending a total of £145,535.

Chief Operating Officer, Israel Greidinger, matched his purchase with his own.

Both joined the board when Cineworld acquired Cinema City International (CCI), which has cinemas across seven countries, earlier this year.

Mooky, who had held the role of CEO at CCI, replaced Steve Wiener as CEO when he stepped down after 18 years with Cineworld. Israel was the Finance Officer at CCI.

Looks interesting DC, encouraging director buys. Interim May (site doesn't mention date) AGM 08th May. Final Divi Record date 06th June. On watch list, may leave a limit buy on spreads @ 322.0 depending on market Monday. Have you bought in yet?

The directors look like they have good confidence with the 300, 000 and 400, 000 purchases. Followed their purchases Chris ( Not as many :-)) ) Thanks for your info Chris.

Interesting chart chaps!

Chugging along albeit on low volume DC.

Chris,

The Greidinger brothers have spent £2.3 million since April 16. Just reading in Shares they are unknown to the UK investor market. So they must show it can continue Cineworlds historical track record of solid growth. Its because of these new risks, together with deeply discounted rights issue to fund the acquisition of the new assets that the share price has been weak.
Also there are foreign currency issues to consider.


Mooky Greidinger - CEO
Israel Greidinger - Executive director

No date like you said for the May interim Chris but last year it was released on the 15 May.

Thanks for the info DC, fingers crossed it's a good un :O)

Hope so Chris. I'm going on,the brothers do not put in £2.3 million for fun and pretty certain to say they are privy at this time to the company performance.

Looking a tad overbought at mo DC :O) But then again it's not alone, stop to 332.0 to lock in +10

Don't see why it should not get back to 400p Chris, not overnight. :-))

Post 138 - and no!

Aye right enough can stay overbought just as much as it can stay oversold :O)

Post 138 - and yes. :-))

LATEST BROKER VIEWS

Date Broker New target Recomm.
6 May JP Morgan... N/A Overweight
10 Mar Investec 400.00 Buy
6 Mar Numis 380.00 Buy
6 Mar Investec 400.00 Buy
3 Mar N+1 Singer 364.00 Buy
25 Feb Investec 400.00 Buy
25 Feb Numis 400.00 Add
13 Jan Numis 500.00 Add
13 Jan N+1 Singer 500.00 Buy
10 Jan Canaccord... 500.00 Buy
Broker Recommendations for Cineworld Group

Stop to 337,0 to lock in + 15

Thanks Chris, seems to be a couple of shares bouncing well off the bottom.