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.

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

27 Jun N+1 Singer 364.00 Buy

Trading Statement

RNS


RNS Number : 2885L

Cineworld Group plc

03 July 2014






CINEWORLD GROUP PLC
Trading Update

Cineworld Group plc (the "Group") is due to publish its interim results for the 26 weeks ended 26 June 2014 on 14 August 2014. At the start of its close period, the Group announces the following trading update.

Revenues for the 26 weeks to 26 June 2014 were as follows:





Cineworld Group

% change vs. prior year

UK & Ireland

% change vs. prior year

CEE(1) & Israel pro forma(2)

% change vs. prior year(3)















Total revenues

+33.2%

+0.1%

+4.0%















Box Office

+27.1%

- 0.6%

+6.0%


Retail

+32.9%

+1.4%

+8.0%


Other Income

+93.5%

+3.2%

- 6.1%



(1) CEE is defined as Central and Eastern Europe and includes Poland, Hungary, Romania, Czech Republic, Bulgaria and Slovakia.
(2) Where relevant, pro forma basis reflects the 26 week year on year performance of Cinema City which became part of the Cineworld World group on 28 February 2014.
(3) % change vs. prior year for CEE & Israel presented on a constant currency basis. Where relevant, % set out below are presented on an actual currency basis.

Overall, on a pro forma basis, trading for the Group for the 26 week period has been in line with our expectations. Box office revenues have increased by 1.5% and admissions have increased by 1.0%. Retail spend per person increased by 2.6%. Other Income includes screen advertising, sponsorship and film distribution income. There was a 2.5% decline in Other Income which was attributable to phasing of distribution incomes, excluding which Other Income increased by 3.2%.

In the final weeks of the half, as expected, admissions in certain countries have been lower due to the World Cup when compared to the same prior year period, which has contributed to a decline in Box Office revenues; however there is a strong film line-up during Q3 and Q4 which is expected to mitigate this. New releases at the start of Q3 include the latest title from the Transformers franchise "Transformers: Age of Extinction" and the new Marvel film "Guardians of the Galaxy". Taking into account the strength of film line up in the second half, we are on track with our plans for the year as a whole.

Clawing its way back up.

Broker spotlight - Theres no 'cutting' at Investec for cinema group Cineworld (LON:CINE) today, whose interims today impressed the City firm and it rates the shares a 'buy' targeting 337p.

It says it remains confident on expectations for the full year, as it repeated a strong film slate for 3Q/4Q, with various big title though no mega blockbusters, such as Mrs Brown's Boys, and Transformers

Cineworld sees admissions rise despite World Cup effect

By John Harrington

July 03 2014, 10:55am
Guardian of the popcorn
Guardian of the popcorn


Cinemas operator Cineworld (LON:CINE) still managed an increase in admissions in the first half of 2014, despite the rival distraction of the World Cup.

Box office revenues rose 1.5% on a like-for-like (LFL) basis in the 26 weeks to 26 June from a year earlier, with admissions up by 1%.

Cinema goers are still chomping their way through the industrial-sized boxes of popcorn and premium-priced Maltesers, as retail spend per person increased by 2.6% on a LFL basis.

There was a 2.5% decline in Other Income, which includes things such as screen advertising, sponsorship and distribution income, with the latter being largely responsible for the decline because of timing issues.

“In the final weeks of the half, as expected, admissions in certain countries have been lower due to the World Cup when compared to the same prior year period, which has contributed to a decline in Box Office revenues; however there is a strong film line-up during Q3 and Q4 which is expected to mitigate this,” the company’s statement said.

New releases lining up on the runway include "Transformers: Age of Extinction" and the new Marvel film "Guardians of the Galaxy", which is not, as some first thought, about the struggle of cinema goers to prevent their companions from stealing a small bar of chocolate priced at £2.50.

14 Jul Investec 400.00 Buy

24 Jul Numis 420.00 Buy

Cineworld profits hit £20m thanks to The Lego Movie success and Cinema City merger

By Jon Rees, Financial Mail On Sunday

Published: 22:17, 9 August 2014 | Updated: 22:17, 9 August 2014

Hits such as The Lego Movie helped, but Cineworld also has its merger with Cinema City to thank for an expected sharp increase in half-year profits to £20million.

Cineworld’s UK and Ireland box office revenues were down by 0.6 per cent in the year to the week before the end of July, but its total box office revenue was up 27 per cent compared to the same time last year.


This was due to the acquisition of Cinema City, a cinema business based mainly in central and eastern Europe, in February. Cineworld’s first half profits are expected to be up 13 per cent when it releases results on Thursday, reckons investment bank Numis.



Though admissions at its UK and Ireland cinemas were down 3 per cent, Cineworld is set to have outperformed the overall cinema market where admissions were down about 9 per cent.


This is partly thanks to an expected improvement in online bookings and subscriptions while Cineworld’s customers are also spending more on popcorn and drinks.


The City reckons the second half of the year should be better with blockbusters including Transformers: Age Of Extinction.


Read more: http://www.thisismoney.co.uk/money/markets/article-2720664/Cineworld-profits-hit-20m-thanks-The-Lego-Movie-success-Cinema-City-merger.html#ixzz39yEXiwW4
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Cineworld Group plc will announce its interim results for the 26 weeks ended 26 June 2014 on Thursday, 14 August 2014.

Interim Results

Highlights
· Combination with Cinema City Holding B.V. ("Cinema City") completed on 28 February 2014;
· Group revenue growth of 33.2% on a statutory basis and 1.5% on a pro forma basis6;
· UK & Ireland revenue growth of 0.3%, with increased market share of 27.9% (2013: 27.7%);
· CEE5 & Israel revenue growth of 4.0% on a pro forma basis6;
· EBITDA growth of 43.4% on a statutory basis and 5.1% on a pro forma basis6;
· Profit before tax of £13.9m stated after non-recurring costs and amortisation of £11.4m resulting in adjusted profit before tax of £25.3m, growth of 46.2%;
· Interim dividend increased by 2.7% to 3.8p on a rights adjusted basis4;
· Adjusted diluted EPS growth of 18.7%;
· Strong cash generation of £13.7m enabling deleveraging post Cinema City combination; net debt of £286.1m;
· Synergies from Cinema City combination now expected to be £5m; £2m target already achieved.

LATEST BROKER VIEWS

Date Broker New target Recomm.
14 Aug Investec 400.00 Buy
14 Aug Panmure Gordon 295.00 Sell
14 Aug Numis 420.00 Buy
14 Aug N+1 Singer 364.00 Buy
5 Aug N+1 Singer 364.00 Buy
5 Aug JP Morgan... N/A Overweight
24 Jul Numis 420.00 Buy
14 Jul Investec 400.00 Buy
4 Jul JP Morgan... 400.00 Overweight
3 Jul JP Morgan... 400.00 Overweight
Broker Recommendations for Cineworld Group