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.

15 Mar
Numis
328.00
Buy
15 Mar
Peel Hunt
270.00
Buy

08:20 29/03/2018
Broker Forecast - Citigroup issues a broker note on Cineworld Group PLC
Citigroup today reaffirms its buy investment rating on Cineworld Group PLC (LON:CINE) and set its price target at 270p. Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk

Trading statement

Half year report

Operational Highlights
· Following the acquisition of Regal, Cineworld is now the second largest cinema chain in the world (by number of screens);
· 6 new sites (56 screens) were opened during the period, taking the Group to 9,542 screens at 30 June 2018;
· 12 further sites, 111 screens, openings are planned for the second half of 2018;
· Significant new agreements were signed with IMAX (55 screens), 4DX (80 screens) and ScreenX (100 screens);
· Refurbishment programme progressing well across the estate, creating high quality, next generation cinemas with the latest audio and visual technology; and
· Integration plans for Regal are progressing well, further integration benefit opportunities being reviewed by management.

9 Aug
Numis
N/A
Buy
9 Aug
Peel Hunt
320.00
Add

10:10 17/08/2018
Broker Forecast - JP Morgan Cazenove issues a broker note on Cineworld Group PLC
JP Morgan Cazenove today reaffirms its overweight investment rating on Cineworld Group PLC (LON:CINE) and raised its price target to 330p (from 310p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk

09:50 29/08/2018
Broker Forecast - JP Morgan Cazenove issues a broker note on Cineworld Group PLC
JP Morgan Cazenove today reaffirms its overweight investment rating on Cineworld Group PLC (LON:CINE) and raised its price target to 340p (from 330p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk

11 Sep
HSBC
370.00
Buy

09:10 24/10/2018
Broker Forecast - Barclays Capital issues a broker note on Cineworld Group PLC
Barclays Capital today downgrades its investment rating on Cineworld Group PLC (LON:CINE) to equal weight (from overweight) and cut its price target to 305p (from 310p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk

Trading update

Trading update