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Hollywood Bowl ‘confident’ in outlook as predicts revenue climb

ALN

Hollywood Bowl Group PLC said on Tuesday that it achieved ‘record’ annual revenue and the company hailed a strong pipeline for the new financial year and beyond.

Shares in Hollywood Bowl rose 5.8% to 277.72 pence on Tuesday morning in London, among the best FTSE 250 performers.

The Hemel Hempstead, England-based ten-pin bowling operator in a trading statement said that its total revenue was up 8.9% to £250.8 million in the year to September 30, from £230.4 million.

It expects to report earnings before interest, tax, depreciation, and amortisation in line with market expectations. Adjusted Ebitda on a pre-IFRS 16 basis of £68.0 million is expected, according to company-compiled consensus, compared to £67.7 million in financial 2024.

Hollywood Bowl said it opened five prime location centres in the UK and two in Canada during the financial year, bringing the company’s portfolio to a total of 92 centres.

Hollywood Bowl said it is on track to achieve 130 centres by 2035.

Chief Executive Office Stephen Burns said: ‘The strong cash generative nature of our business means we are well-placed to continue investing in the size and quality of our estate and to continue to enhance the customer experience through our service standards and the use of digital technology to drive returns.

‘We remain confident in the long-term growth opportunities in the UK and Canada.’

Hollywood Bowl expects to publish its final results for financial 2025 on December 16.

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