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 first half revenue jumps 10.5 per cent

Wed, 03 July 2013



Cinema chain Cineworld said it expects momentum to continues into the third quarter as it posts a 10.5 per cent increase in first half revenue.

The group reported a 10.4% rise in box office revenue during the half year, helped by a 4.6% increase in the average ticket price and a 5.5% rise in admission levels.

Cineworld said it expects the positive start to the year to continue into the third quarter and it remains confident of delivering growth for the year as a whole in line with current market expectations.

"We expect the positive start to the year to continue into Q3 where there are weaker comparatives due to the impact of the London Olympics on scheduling last year. By contrast there is a tougher Q4 comparative due to the phenomenal success of Skyfall," the group said in a company statement.

The film line up during the second half of the year has include Despicable Me 2, Monsters University, The Wolverine and the second instalment of the The Hobbit trilogy: The Hobbit: The Desolation of Smaug.

Cineworld: Investec ups target price from 347p to 360p and keeps a buy recommendation. N+1 Singer moves target price from 340p to 357p retaining a hold recommendation.

Fast and Furious” was Investec’s verdict on Cineworld’s (LON:CINE) first half.

The cinema operator, which recently snapped up indie operator Picturehouse, wowed analyst Steve Liechti with a 22% rise in total revenues, including 10.4% growth from the box office at its own-branded cinemas.

It reckons the third quarter should be easy going given that the Olympics kept people away from movie theatres last year, making it easier to beat those box office numbers.

And with a strong 3D line-up that includes Despicable Me 2, Monsters University and the second part of the Hobbit, as well as Hunger Games: Catching Fire in 2D, Cineworld is just as bullish about the second half of the year.

Investec’s Liechti agrees but warns that the fourth quarter could be much harder to match after the success of the critically-acclaimed James Bond instalment Skyfall at the end of 2012. “We need good momentum to offset this,” he thinks.

The analyst lifts his target price by 13p to 360p, making it a stock to buy, though this only leaves 5p of ground to gain in the wake of this morning’s share price surge.

Nor could N+1 Singer find any fault with the update.

“Clearly market growth has helped but this should not detract from the self-help initiatives being successfully implemented to drive footfall and spend,” said analyst Sahill Shan.

He is upbeat about the prospects but thinks the shares are likely to stick at their current levels, making them a ‘hold’.

Panmure Gordon meanwhile thinks the valuation is too pricey and says the shares could fall to 238p next year.

“We think this valuation is too rich for a company with an uncertain short-term trading backdrop and is expanding too quickly in a market with no volume growth,” said the broker, which has a ‘sell’ rating.

Cineworld: JP Morgan ups target price from 346p to 368p reiterating an overweight rating.



Cineworld group passes its screen test



Films like Superman: Man of Steel have brought thousands of people to the cinema

http://www.express.co.uk/finance/city/412290/Cineworld-group-passes-its-screen-test

A buy in this weeks IC - prospects are looking good for the third quarter, too, given a strong release schedule. But the end of 2013 will be tougher unless a movie comes along to challenge the last Bond film, which helped boost industry sales by 22% in the last three months of 2012.

Cineworld: Investec ups target price from 360p to 380p and maintains a buy recommendation

Notification of Major Interest in Shares

http://www.moneyam.com/action/news/showArticle?id=4628925

11 July 2013 Last updated at 18:04

Skyfall director Sam Mendes is to direct the 24th James Bond film, due for release in 2015, it has been announced.

Daniel Craig will reprise his role as the British spy, with the script penned by Oscar winner, John Logan.

Producers Michael G Wilson and Barbara Broccoli said: "We're really excited to be working once again with Daniel Craig, Sam Mendes and John Logan."

Bond 24 is due for release in the UK on 23 October 2015.

It will have its US release two weeks later, on 6 November.

Mendes, who directed the recently-opened West End musical Charlie and the Chocolate Factory, said he was "very much looking forward to taking up the reins again, and to working with Daniel Craig, Michael G Wilson and Barbara Broccoli for a second time".

Daniel Craig as James Bond in a still from Skyfall Daniel Craig will once again take on the legendary role of James Bond
He added: "I am very pleased that by giving me the time I need to honour all my theatre commitments, the producers have made it possible for me to direct Bond 24."

Skyfall made $1.1bn (£700m) at the worldwide box office. It was also the highest-grossing film of all time in the UK, earning more than £94m from ticket sales in 40 days to beat the previous record holder Avatar, which made £94m in 11 months.

Skyfall won two Oscars - singer Adele's theme song of the same name won best original song and there was an award for sound editing.

It was also named the outstanding British film by Bafta.

It was reported in May that Mendes had resumed talks with producers about directing the next Bond film, having previously ruled himself out due to other commitments.

Mendes is due to follow Charlie and the Chocolate Factory by directing Shakespeare's King Lear at the National Theatre in January 2014.

The last film-maker to lead consecutive Bond movies was former editor John Glen, who directed five films in a row between 1981 to 1989.

Skyfall breaks another record

Figures released by the British Film Institute confirm director Sam Mendes' Bond film earned almost £103 million at the British box office

L&G reduced holding today (From 4% to 3%)
7,084,364

Cineworld Group: N+1 Singer increases target price from 357p to 402p and upgrades to buy

lol.

Interims Thurs 15 Aug . In this weeks IC - Shares in Cineworld have been riding high and with good reason. Trading in the first half to the end of June has been buoyant, with revenues up 22% including like for like sales growth of over 10% at Cineworld cinemas. The Picturehouse chain has seen 12.9% sales growth in the same period.
This performance has been driven by admissions some 20% ahead of last year.
Ahead of half-year results, analysts expect adjusted pre-tax profit of £46m and EPS of 22.6p for 2013, up from £39m and 20.3p in 2012. On that basis, the shares are trading on a forward PE ratio of 17.

Cineworld Group PLC (CINE:LSE) set a new 52-week high during today's trading session when it reached 384.00. Over this period, the share price is up 71.43%.

Read in IC this week Cineworld can make a box of popcorn for 12p and sells it for £7.50. :-))

That is why when I take the boys to the pictures we buy a huge bag of pop corn from else where dc.

The popcorn buys the shareholders bubbly. :-)) I hope you take it in under your coat.lol
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Panmure Gordon expects Cineworld, 4p dearer at 384p, to be the next to moan about the weather when it reports interims on Thursday. The broker says since the end of the first-half (June 27), industry trading has deteriorated, with weekend box office revenues down 6.6 per cent, reflecting the impact of the hottest summer for seven years. Fair enough, who wants to sit in a cinema for hours during a heatwave. It advises clients to sell the shares ahead of the figures.


http://www.dailymail.co.uk/money/markets/article-2388262/MARKET-REPORT-Buyers-switch-summer-star-Powerhouse-Energy-Pyromex-deal.html

Sunday Times



Ahh, the summer, a time for the beach, barbecues, and holidays in the sun. For the cinema? Not so much. Last week Odeon boss Rupert Gavin blames ‘soft’ July attendance figures on the weather. Rival Cineworld surely has suffered a similar dip. Analysts expect Cineworld to reveal at its half-year results on Thursday that it has made about £18million in pre-tax profit to the end of June, up a quarter from the first six months of 2012. Cineworld may still hold some value for investors, but not much. It’s certainly no blockbuster.


Read more: http://www.dailymail.co.uk/money/investing/article-2389312/SUNDAY-NEWSPAPER-SHARE-TIPS-Ladbrokes-Legal--General-Cineworld-Genel-Energy.html#ixzz2bfxCcVH9
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http://www.dailymail.co.uk/money/investing/article-2389312/SUNDAY-NEWSPAPER-SHARE-TIPS-Ladbrokes-Legal--General-Cineworld-Genel-Energy.html

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Week ahead in business and economics: August 12-16
TelegraphBy Telegraph Staff | Telegraph – 1 hour 47 minutes ago

• Cineworld cinema giant which also owns the Picturehouse chain, updated the market in July on trading during the 26 weeks to June 27, with total revenues for the group rising 21.9pc. Box Office revenues for the group grew 18.7pc during the period 10.4pc at the Cineworld chain and 9.1pc at Picturehouse. The increase at Cineworld reflected 4.6pc growth in the average ticket price, helped by the release of 3D films such as The Great Gatsby, which command a higher entry price. As a result of the robust statement last month, analysts at Panmure Gordon are expecting the group to report this week earnings before interest, taxes, depreciation and amortisation (Ebitda) of £31.9m, up 21pc year-on-year.

A lot of selling today.

Thursday's agenda: Some like it hot - but not Cineworld
By John Harrington
August 14 2013, 6:30pm
Thursday's agenda: Some like it hot - but not Cineworld


The blistering if sporadic heat waves the UK has been enjoying have not necessarily been good news for cinema operator, Cineworld.

The company releases interim figures on Thursday and while the picture in the rear window should look good, it is unlikely that there has been a frenzy of cinema going while the weather has been so good.

"As far as profits are concerned we are looking for c£16.5mln, although the timing of various investments could [have an] impact [on] this," reveals Peel Hunt.

"Despite the positive start the group needs a good Q3, given the weak comparative in 2012 and the then very strong Q4. The hot weather could make life a bit more challenging in the short term, and the lacklustre early performance of 'Monsters University' is a reflection of this." the broker added.

Numis Securities' Douglas Jack takes up the theme. "Q3 will have started poorly with July weekend attendance down 25% reflecting the spell of sunny weather. Comps are easy through the rest of Q3, but then become very tough in Q4 due to 'Skyfall' last year.

"We expect to hold our forecasts after these results but we continue to believe that there is potential for a further re-rating as expansion accelerates and as Unlimited Card sales drive up earnings quality," Jack said.