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.

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
Follow us: @MailOnline on Twitter | DailyMail on Facebook

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

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

Cineworld's first quarter results strong in a tough market, Numis says

Thu, 14 August 2014


Numis said on Thursday Cineworld's first half results were "strong in a tough market", as profit before tax rose 46% to £25.3m.

Growth was driven by the company's merger with Cinema City in February.

The broker said Cineworld had a strong film release schedule and potential online booking fee windfall.

It also noticed Cineworld Cinema admissions fell 3.4% in the first quarter of the year. "This outperformance partly reflects progress with online bookings and subscriptions," Numis said.

Two new cinemas with six screens each opened this year, and the company expects to open 474 new screens over the next three years.

Numis gave a 'buy' rating to the company and a target price of 420p.

BEN GRIFFITHS: How extortionate prices of refreshments and junk food ads aimed at children sour a family trip to Cineworld

By Ben Griffiths for Daily Mail

Published: 22:05, 15 August 2014 | Updated: 10:15, 16 August 2014

Exhausted parents battling their way through the endurance test of the school summer holidays are a familiar sight at airports and tourist attractions at this time of year.


Many could be forgiven for thinking that a trip with their offspring to the local multiplex might provide a couple of hours of cheap entertainment and a chance to relax.


After all, it’s possible to book tickets online and save money with the likes of London-listed Cineworld – worth an impressive £870million, based on yesterday’s share price of 330.8p.




Inflated prices: During the first half a staggering £47million of Cineworld sales came from the retail operation



For an adult and two children visiting one of its cinemas in south east England, you can expect to pay about £20 for an afternoon screening, which is reasonable value.


In the first half of this year some 25million people passed through Cineworld’s doors in the UK and Ireland alone. Once its operations in Israel and Central and Eastern Europe were included, admissions topped 35.8million.


Yet one need not delve deep into the interim results to discover precisely how much revenue comes from ancillary charges – walk into any Cineworld foyer and it’s immediately obvious how important refreshment kiosks are to the bottom line.

During the first half a staggering £47million of sales came from the retail operation. In other words the nachos, popcorn and buckets of fizzy drinks on sale inside.


Cineworld jealously protects this revenue. Try to overtly take snacks or drinks into one of its venues and you’re likely to have them confiscated or entry refused.


But whether it’s the packet of sweets selling for around three times the price of a supermarket or the giant containers of popcorn at hugely inflated prices, you can see why, in cost-conscious times, some might be tempted to run the gauntlet and sneak in their own refreshments.


Surprisingly, retail spend per person during the 26 weeks to June 26 was £1.79, up from the £1.71 the previous year. This figure is likely to rise with the continued roll-out of Baskin Robbins ice cream concessions across the Cineworld estate.


The company has just opened a Starbucks branch in its Telford cinema with more in the pipeline. The assault from high-calorie snacks doesn’t end once you sit down, however.


On a recent visit I counted almost 40 minutes of adverts targeting minors, featuring junk food, sugar-packed drinks and other ‘treats’ most responsible parents would baulk at their children consuming.


While the only alternative is to rent a DVD or online movie and control what your children are exposed to, a visit to the cinema remains a pleasant outing. It’s just a shame that the big chains are so desperate to suck every last penny from our pockets.