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.

Cineworld expects annual profits to hit top end of forecasts

Sharecast -


Wed, 14 January 2015




Cineworld expects annual profits to hit top end of forecasts



Cineworld said it expects annual profits to reach towards the top end of market consensus, driven by a strong performance in the UK and Ireland.
In a trading update for the 53 weeks to 1 January, the group reported a 3.5% increase in revenue growth.

During the year the company opened two new cinemas in the UK and two in Romania.

The group is contracted to open a further 11 cinemas in the UK and 10 in Central and Eastern Europe and Israel in 2015, of which 18 cinemas are under construction.

Films due for release this year include 'Avengers: The Age of Ultron', 'Star Wars: Episode VII', 'Jurassic World', the final Hunger Games title 'Hunger Games: Mockingjay Part 2' and the next Bond film 'Spectre'.

"With our plans for continued expansion across the Group, we look forward to delivering further value to shareholders in 2015," the firm said.

Broker Canaccord Genuity said it would nudge its full year 2014 and 2015 forecasts up fractionally to reflect the results being towards the top end of market expectations.

"It's been a resilient performance in a poor year for films with Poland being the stand-out market. The film slate for the next couple of years is fantastic and should allow Cineworld to exploit its strong competitive position. As importantly, the roll-out programme remains intact."

Holding(s) in Company - BlackRock, Inc.
Holding has gone above 5%


http://www.moneyam.com/action/news/showArticle?id=4959368

Cineworld puts trust in Yoda as it expects 2015 blockbusters to boost takings

By James Salmon for the Daily Mail

Published: 21:58, 14 January 2015 | Updated: 22:11, 14 January 2015

Britain’s biggest cinema chain promises 2015 will be a bumper year for film fans as a string of blockbusters are released.

Cineworld said that Star Wars: Episode VII, Jurassic World, and the next James Bond instalment, Spectre, will boost takings.

Major crowd-drawers, including Paddington (pictured) and The Hobbit, lifted sales in the closing months of last year.



Yoda effect: Cineworld hopes blockbuster films like Star Wars, Episode VII, will boost takings






Paddington, the heart-warming, part-animated film starring Downton Abbey’s Hugh Bonneville, made £5.1million in its opening weekend in UK cinemas.

But the biggest film in the run-up to Christmas was the final instalment of Peter Jackson’s second Middle Earth trilogy.

The Hobbit: The Battle of the Five Armies made almost £10million in its opening weekend in Britain. Rising ticket prices for Cineworld lifted overall sales despite a 3.7 per cent fall in admissions. Tickets cost 4 per cent more and that helped revenues to increase by 0.1 per cent.



Total revenues from its British and Irish cinemas rose 1.8 per cent, while takings from its Israeli and Central European outlets grew by 1.5 per cent. Profits from the year will be at the top end of expectations – analysts had been expecting profits of up to £123million.

Cineworld shares, which were up just 6 per cent in the last year, dipped 0.2p to 405.3p.

There have been fears that the rise of on-demand home viewing and the popularity of big-budget box set TV series would lead to fewer people visiting the cinema.


http://www.dailymail.co.uk/money/markets/article-2910356/Cineworld-puts-trust-Yoda-expects-2015-blockbusters-boost-takings.html

16 Jan JP Morgan... N/A Overweight

Could well hit £5

One of IC's favourites along with easyjet and Merlin entertainments in the Airlines and Tourism section of the ftse 350 review. Cineworld's track record for growth and new exposure to fast growth markets leaves it well placed. Cineworld is anticipating a strong film slate this year, with the latest instalments of the James Bond and Star Wars franchises set to provide a boost

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Indie cinema chain to challenge UK's 'homogenous' giants

One independent cinema chain is looking to reclaim the high street. Have you seen The Light?



http://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/11377325/Indie-cinema-chain-to-challenge-UKs-homogenous-giants.html

16 Feb Canaccord... 500.00 Buy

Three pages on movie magic in this weeks IC.

Cineworld's exposure to studio release schedules may be more of a blessing than a curse, Investec thinks the upcoming Avatar and James Bond sequels could attract new audiences and drive substantial earnings growth. This year alone , it expects cash profits to rise 22% to £150 million. Trade at 16 times full-year forecast EPS, leaving room for further gains.

Cineworld Group PLC (CINE:LSE) set a new 52-week high during today's trading session when it reached 449.20. Over this period, the share price is up 40.82%.

Well done with these DC - I don't hold them directly, but they are a percentage of one of the funds that I hold.

Thanks skinny , Good for you. I think Chris still holds.

Correct :0)

Odeon cinemas set to go on sale for £1bn

Moving image: Hits such as The Second Best Exotic Marigold Hotel (pictured) are helping to spur building of new multiplexes offering a full sensory experience


Midas verdict: At 452¼p, Cineworld shares have had a good run in recent weeks, but there is still plenty of long-term growth. The company is taking steps to improve profitability in the UK and there are solid expansion plans in Eastern Europe. Buy and hold.




MIDAS-SHARE-TIPS-Lights-camera-action-Cineworld.

proactiveinvestors,cineworld-set-for-an-interstellar-2015

Shares - We are expecting strong financial results from Cineworld on 13 March after the cinema groups latest trading statement 14 Jan said profit for the year ended 1 January 2015 will be towards the top end of market consensus.

Preliminary results


Highlights

· Combination with Cinema City Holding B.V. ("Cinema City") completed on 28 February 2014;

· Group revenue growth of 52.2% on a statutory basis and 1.7% on a pro forma2 basis;

· UK & Ireland revenue growth of 1.8% on 52 week v 52 week basis, maintaining market share of 27.1% (2013: 27.0%) (Source: Rentrak);

· CEE7 & Israel revenue growth of 1.4% on a pro forma basis;

· EBITDA growth of 75.1% on a statutory basis and 7.4% on a pro forma basis;

· Profit before tax of £67.3m is stated after non-recurring costs and amortisation of £7.7m resulting in adjusted profit before tax of £75.0m, growth of 72.8%;

· Profit after tax of £54.5m is stated after tax adjusted non-recurring costs and amortisation of £6.7m resulting in adjusted profit after tax of £61.2m, growth of 95.5%;

· Adjusted diluted EPS5 growth of 31.2%;

· Full year dividend increased by 33.7% to 13.5p on a rights adjusted basis6;

· Net cash generated from operating activities of £86.1m, representing growth of 54.9%;

· As reported at the end of H1, annualised synergies from Cinema City combination now expected to be £5m; £2m target already surpassed.

12 Mar N+1 Singer 505.00 Buy

broker-spotlightl


Peel Hunt is keen on Cineworld (LON:CNE) after today’s full year figures, “We don’t believe the business has ever been in better shape to maximise the opportunity presented by a strong film slate.

“While there may be some share price consolidation in the short-term, longer-term we still see room for outperformance. Buy.”

N+1 Singer also kept its ‘Buy’ rating on the cinema group and upped its target price to 505p.
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Cineworld hits record admissions due to the "Fifty Shades of Grey" effect.

By Jonathan Jones

March 12 2015, 10:31am
Admissions have hit record levels thanks to the release in February of Fifty Shades,
,


Cinema chain Cineworld (LON:CINE) hailed the “Fifty Shades of Grey” effect as it forecast 2015 would be another good year.

Admissions have hit record levels thanks to the release in February of Fifty Shades, a mums’ favourite about a bondage-based relationship between a young couple.

Mooky Greidinger, chief executive, also pointed to a strong schedule of new releases later in the year with popular franchises 'The Hunger Games', 'James Bond' and 'Star Wars' all set to release new films.

Profits in 2014 doubled to £67.3mln after the boost of buying competitor Cinema City. Revenues rose on a pro-forma basis by 1.7% to £619mln with box office sales of £400mln.

The dividend went up by a third to 13.5p with earnings per share rising 58% to 21.9p.

"We are pleased to announce solid results for the year following the successful combination of Cineworld and Cinema City,” said Greidinger.

Broker Peel Hunt said: "We don’t believe the business has ever been in better shape."

Broker N+1 Singer upped its share price target on the firm by 35p to 505p following the results.

Shares in the company rose 5% to 468p.
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Blockbuster films such as 'The Lego Movie' help multiplex owner Cineworld to double annual profits

By Ben Griffiths for the Daily Mail

Published: 12:22, 12 March 2015 | Updated: 12:22, 12 March 2015





Multiplex owner Cineworld has doubled annual pretax profits thanks to blockbuster films including The Lego Movie, Inbetweeners 2 and Dawn of the Planet of the Apes, which together grossed £100.4million in 12 months.

The company, which completed its acquisition of the theatre business of Poland’s Cinema City International during the year, reported pretax earnings of £67.3.million for 2014, up from £30.9million a year earlier, on sales of £619.4million.

Cineworld is expecting another bumper year in 2015 with big releases to include the new James Bond film Spectre, the final Hunger Games release and the latest Star Wars film ‘Star Wars: Episode VII’.



Movie magic: Blockbuster films including The Lego Movie (pictured), Inbetweeners 2 and Dawn of the Planet of the Apes, together grossed £100.4million in 12 months


















+1
Movie magic: Blockbuster films including The Lego Movie (pictured), Inbetweeners 2 and Dawn of the Planet of the Apes, together grossed £100.4million in 12 months



13 Feb 2014, France --- A model of the character Yoda from the Star Wars film series is seen during press day for the exhibition "Star Wars Identities" at the "Cite du Cinema" movie studios in Saint-Denis, near Paris, February 13, 2014. The exhibition, which explores the theme where visitors identify themselves with a Star Wars character, will run from February 15, 2014 to June 30, 2014. REUTERS/Benoit Tessier (FRANCE - Tags: ENTERTAINMENT SOCIETY) --- Image by © BENOIT TESSIER/Reuters/Corbis
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The release of much-anticipated ‘Fifth Shades of Grey’ in February has also smashed expectations, and helped achieve record levels of weekend admissions.




Chief executive Mooky Greidinger - an industry veteran who took over from Steve Weiner - said: ‘Overall the strength of the film line up in the current year, coupled with our good pipeline of new sites across our international estate, gives us confidence that we are on track with our plans for 2015.’

Cineworld is paying a final dividend of 9.7p, taking the full-year payout to 13.5p, up from 10.1p a year earlier

It's shares on the FTSE 250 index were up 26.2p to 474.3p in lunchtime trading.

By the end of the year Cineworld was operating 1,875 in 203 cinemas and nine different countries.

It is scheduled to open a further 504 screens in the next three years, including 328 in Central and Eastern Europe and 176 in the UK.

Retail revenues for sales of treats including soft drinks and popcorn leapt 51 per cent in 2014.