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.

Dont mean to be a kill joy lads but earlier today flipping through twitter very fast I saw someone I think a broker mentioning the World Cup could have a negative effect here on attendances during the duration of the tournament. obviously would effect revenues for about a month.

Ill try and find it again.

You kill joy. lol , only joking :-))

Here we are lads sorry I saw it...........

MARKET REPORT: Cineworld warns that World Cup will have negative effect on business during summer

By GEOFF FOSTER
PUBLISHED: 22:00, 8 May 2014 | UPDATED: 22:00, 8 May 2014


It's 35 days before host nation and red-hot favourites Brazil kick-off the World Cup in Sao Paulo against Croatia.
England are currently 33-1 no-hopers. The mega soccer bonanza will take over millions of households during a four-week period until the final on July 13.
Pubs, which are being allowed to stay open to accommodate late kick-offs, should benefit from increased sales, as should supermarkets and the off-licence trade.

But there will be casualties within the business fraternity. Cineworld, the UK’s largest cinema operator, yesterday became the first quoted company to warn that the World Cup will have a negative effect on business during the summer. The shares were sold down to 336p before they rallied strongly to close 10.25p better at 352.75p.
Putting a brave face on it, Cineworld said it was banking on blockbusters such as Godzilla, X-Men: Days of Future Past and Maleficent to get bums on seats before the World Cup kicks off. After that, who knows.
Admissions at its UK and Ireland cinemas increased by 1.9 per cent between December 27 and May Day, while a 4.8 per cent increase in average ticket prices fuelled a 6.8 per cent increase in box office revenue.
Its market share in the UK and Ireland has increased to 27.6 per cent from 26.9 per cent.
Broker Panmure Gordon remains a seller and has a target price of 295p.


Read more: http://www.thisismoney.co.uk/money/markets/article-2623573/MARKET-REPORT-Cineworld-World-Cup-football-warning.html#ixzz31A52S4D3
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Good point GF but (and i hate football with the same passion that people love it) surely England won't be in it for long so everyone can go back to the flicks ! ..

Plus , and just a thought, CINE should get a film on of the 1966 world cup ,build up and all , to coincide with when England go out which will be at the earliest possible opportunity .
I shall quickly apply for a seat on the board .

The quality of the near term releases are more important than The World Cup for the first two weeks to Cinema goers.

I think the wifes will get so fed up with football that they will head off to the cinema with the kids and viewer numbers will go up . lol

Claret Dragon, they do have a good number of quality films being released.

I should go and check out one of Cineworld theatres soon.

Not been to see anything since Frodo hit the Big Screen.

Buy plenty of popcorn that's where the profit is for the company. :-))

It's a tester, resistance @ 360.0, chart looks overbought but back inside bollinger band (just). Volume so far today is low despite large trade in auction at close. If indices go south no guarantee this won't follow. But, ex divi date coming up. Sitting on hands for now :O)

21 May Numis 420.00 Buy
21 May N+1 Singer 364.00 Buy
21 May JP Morgan... 400.00 Overweight

Goes ex-divi Wed 4th June 6.4p whether that will inspire an increase in volume to encourage sp to break resistance 360 to close gap to 380ish remains to be seen. May regret it but still on watch list for now.

Now the ex-divi is out the way, giving this one a shot over the summer. Not everybody loves football. In @ 344.0

I'm doing my bit - off to see the latest X men film tomorrow or Friday.

You buy plenty of popcorn, that's where the profit is. Should be a good week next week then. lol

I can't afford that as well! :-)

Good on yer skinny :O)

Pull the other one !!!!!!!!! lol

I think I'll buy it from TSCO - they need the help!

World Cup investing winners: Which companies are potential champions and which face defeat as country goes football crazy?


Going down to defeat?


Cineworld (Dividend yield: 2.93 per cent)

'At the start of May, cinema operators Cineworld said that the event would "have a negative impact on admissions" during the course of the event,' says White.

But he notes the share price didn't fall that much, perhaps because film studios are expected to repeat their Olympics strategy of delaying likely blockbusters until it's all over.




http://www.dailymail.co.uk/money/investing/article-2655106/World-Cup-2014-Stock-market-winners-losers.html