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.

12 Aug JP Morgan... 690.00 Overweight
12 Aug Peel Hunt 650.00 Buy

Ex dividend - 18 Aug 2016 Cineworld Group PLC (5.2 P)

Company News
UK cinemas enjoy box office boost in August
Mon, 19 September 2016


(ShareCast News) - UK cinemas enjoyed their busiest August for five years, according to data out on Monday.


Roughly 18.1m cinema tickets were sold in August, up 26% on the same month last year, according to Digital Cinema Media (DCM).

The summer months usually see a slew of film releases for younger cinemagoers, and 2016 was no exception with Finding Dory, The BFG and Ice Age: Collision Course all launched, with Ghostbusters for slightly older audiences, followed such films as Suicide Squad and David Brent: Life On The Road in August.

DCM said the main reason for the outperformance was that the standard of films this summer was much higher than last August, while also giving some credit to the rise of the staycation due to the weakness of the pound.

08:50 03/11/2016
Broker Forecast - HSBC issues a broker note on Cineworld Group PLC
HSBC today initiates coverage of Cineworld Group PLC (LON:CINE) with a buy investment rating and price target of 720p. Story provided by StockMarketWire.com

Proactive investor - Cineworld Group PLC (LON:CINE) shares are just the ticket for HSBC, which has initiated coverage on the cinemas group.
HSBC’s price target implies the price could advance around 30% from the current level of 543.5p.
Analyst Ali Naqvi described the UK business as a ‘cash cow’ able to deliver £100mln of underlying earnings a year.
He also lauded the business’s defensive qualities, given its ability to continue almost untroubled in times of economic uncertainty.
Increasingly, long-term holders are looking for this type of investment as counter-weight to the more cyclicals stocks held in portfolios.

Back in today.

15 November 2016
Trading Update

Allotment and Issue of New Ordinary Shares
RNS
RNS Number : 1192P
Cineworld Group plc
14 November 2016
 
Released: 14 November 2016
 
Cineworld Group plc
 
Allotment and Issue of New Ordinary Shares
 
 
 
Further to the acquisition of five Empire cinemas from Cinema Holdings Limited ("CHL") announced on 12 August 2016, Cineworld Group plc ("Cineworld") today announces the allotment and issue of 1,916,058 new ordinary shares (the "New Ordinary Shares") of Cineworld to CHL as deferred consideration shares.
 
An application has been made to the Official List of the Financial Conduct Authority and to trading on the London Stock Exchange's main market for listed securities. It is expected that admission will commence on 18 November 2016. The New Ordinary Shares will rank pari passu with all of Cineworld's existing ordinary shares of £0.01 each.
 

Joined you today dc.

HSBC likes them as well Chris.

British consumers vanquish Brexit blues, as they continue to splash out at restaurants and go shopping
Consumer spending growth reached a six month high
Hospitality and leisure were the best performing sectors 
Talk of potential price rises has not dented consumers’ confidence
By Claire Heffron For Thisismoney.co.uk
Published: 07:17, 14 November 2016 | Updated: 09:13, 14 November 2016


Strong growth in household expenditure this autumn has boosted hopes that the UK will avoid the worst of any economic reaction to Brexit negotiations.
October saw a 2.5 per cent annual rate of growth in expenditure across the country with hotels, restaurants and bars performing the best.
The Visa UK Consumer Spending Index showed that was up from the 2.3 per cent rise in September and the healthiest rate of increase in six months. 

New season stock, combined with a chilly start to winter created the perfect conditions for the high street
Highlights of the report were that spending on clothing and footwear increased at its quickest rate since last September by 4.7 per cent.
The recreation and culture sector, which included spending on cinema and theme parks, saw an increase of 7.4 per cent in annual spending. 
E-commerce shopping increased by 4.3 per cent on-year. Face-to-face expenditure expanded for the first time in three months by 1.8 per cent.

Commenting on the report, Kevin Jenkins, UK & Ireland managing director at Visa said: ‘Consumer shopping growth rose to a six month high in October. Talk of potential price rises does not appear to have dented consumers’ confidence'.
‘The experience economy continued to fuel this growth. Hospitality and leisure were the best performing sectors once again, boosted perhaps by the half term break and Halloween, with a noticeable increase in spend on food and drink.'
‘We’ve also seen two strong comebacks this month. Clothing and footwear bounced back strongly from a disappointing dip in the previous month, up 4.7% in October, and the highest level of growth since September 2015. 
'New season stock, combined with a chilly start to winter created the perfect conditions for the high street to rebound from last month’s flat line.’
‘As we get closer to the all-important Christmas trading season, it will be interesting to see whether the strong momentum in October continues into Black Friday and beyond’, Jenkins added.
The index, compiled by Markit, reflects overall consumer spending, not just that on cards. 


Read more: http://www.thisismoney.co.uk/money/news/article-3928004/British-consumers-vanquish-autumn-blues-trips-pubs-restaurants-hotels.html#ixzz4Q0bFDEDi
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Trading statement

Cineworld revenues up
StockMarketWire.com
Cineworld reports strong revenue growth of 14.6% in the 45 week period ended 10 November, with constant currency revenue growth of 10.8%.

Box office revenues increased by 8.5% on a constant currency basis.

The group said admissions grew satisfactorily in both the UK & Ireland and the ROW, with double digit growth being achieved in the ROW.

Family titles such as "The Secret Life of Pets", "Finding Dory", "The BFG" and "Trolls" performed well during the second half of the year. "Bridget Jones's Baby" which was released in September exceeded expectations and the recently opened "Doctor Strange" is performing strongly.

An update says: "The pleasing growth in retail revenues of 14.1% on a constant currency basis was driven by both the nature of the film mix, with more family films, and the continued expansion of retail offerings. This included the opening of four additional Starbucks sites during the second half of the year taking the total number in the estate to 23. The Group has also opened its second VIP Experience in the UK in Glasgow, and its second in Romania, in the new site Bucharest Titan. The increased admissions for the year to date also contributed towards the increase in the Other Income revenue stream."



Story provided by StockMarketWire.com

15 Nov
Investec
685.00
Buy

3 Nov
HSBC
720.00
Buy

16 Nov
Barclays...
665.00
Overweight

Non executive purchase of shares

13:10 02/12/2016
Broker Forecast - Numis issues a broker note on Cineworld Group PLC
Numis today initiates coverage of Cineworld Group PLC (LON:CINE) with a add investment rating and price target of 615p. Story provided by StockMarketWire.com

CMA Clearance
RNS
RNS Number : 6085R
Cineworld Group plc
12 December 2016
 
12 December 2016
 
Cineworld Group plc
 
Acquisition of five cinemas - CMA clearance
 
Cineworld Group plc ("Cineworld" or "the Group") notes that the Competition and Markets Authority has today announced that it has unconditionally cleared the acquisition by Cineworld of five Empire cinemas from Cinema Holdings Limited.

12 Dec
Barclays...
665.00
Overweight

15 Dec
Berenberg
675.00
Buy