28th Jul 2025 09:40
(Alliance News) - Everyman Media Group PLC on Monday said it is currently trading in line with expectations for the full financial year despite a "challenging economic environment."
The London-based firm is the fourth largest cinema business in the UK by number of venues and has 48 sites across the country.
In the 26 weeks to July 3, Everyman Media said revenue was GBP56.5 million, up 21% from GBP46.9 million a year prior.
Earnings before interest, tax, depreciation and amortisation climbed 33% to GBP8.2 million from GBP6.2 million.
Shares in the company rose 6.5% to 43.66 pence each in London on Monday morning.
Chief Executive Officer Alex Scrimgeour, said: "Our performance in H1 reflects the successful execution of our strategy, with growth across all key metrics."
"We look forward to building on this momentum in the second half of the year," Scrimgeour added.
The firm said admissions increased 15% to 2.2 million from 1.9 million a year ago, with paid-for average ticket price of GBP12.46 up 6.0% from GBP11.76.
Food and beverage spend per head rose 5.9% to GBP11.09 from GBP10.47.
Net debt of GBP24.2 million, was down 6.2% from GBP25.8 million a year ago, with net debt repayments from operational cash flow expected in the second half of 2025.
Everyman Media will report results for the 26 weeks ended July 3 on September 24.
By Jeremy Cutler, Alliance News reporter
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