Cineworld earnings boosted by increase in box office revenue
Britain’s largest cinema operator Cineworld Group announced last week that its full-year pre-tax earnings more than doubled last year boosted by higher box office revenue. 2015 also has the makings of a strong year for Cineworld with a number of big
“We are pleased to announce solid results for the year and strong cash generation following the successful combination of Cineworld and Cinema City. The combination has resulted in the creation of the second largest cinema chain in Europe, with 203 sites and 1,875 screens by the end of 2014. As a group, we have outperformed the market and continued to grow revenues despite a year which saw a decline in global admissions.”
Mooky Greidinger, Cineworld chief executive ...
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