Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

Half Year Trading Update

15th Apr 2026 07:00

RNS Number : 2804A
Hollywood Bowl Group plc
15 April 2026
 

Hollywood Bowl Group plc

("Hollywood Bowl" or the "Group")

 

Half Year Trading Update & Notice of Results

 

CONTINUED GROWTH DRIVEN BY STRATEGIC INVESTMENT, UNDERPINNED BY STRONG DEMAND FOR FAMILY-FRIENDLY, AFFORDABLE LEISURE ACTIVITIES

 

Hollywood Bowl Group, operator of the UK's and Canada's largest ten-pin bowling brands, announces a trading update for the six months ended 31 March 2026.

 

Strong revenue growth

 

· Strong revenue growth to £141.5m, up 9.5% compared to H1 FY2025

· UK total revenue up 9.4% on H1 FY2025, to £118.4m

· Canada revenue up 12.8% on a constant currency basis1, to CAD 42.9m (£23.2m)

· Like-for-like (LFL)2 revenue growth of +1.9%

UK LFL: +2.6%

Canada LFL: +0.5%, on a constant currency basis

 

Costs well controlled

 

· Continued track record of disciplined cost management 

· High Gross margins make the business well-insulated against inflationary pressures

· 76% of the Group's total electricity needs are hedged until end of FY2029, including 12% provided from on-site solar3

 

Continued strategic progress

 

· Opened a new prime location in Edmonton, Canada in H1, trading well

· Group estate currently stands at 77 UK and 16 Canadian centres

· Two new UK centres and one Canadian centre due to open in H2

· Strong new centre pipeline for FY2027 and beyond

 

 

Disciplined capital allocation

 

· Robust balance sheet provides significant capital flexibility and supports growth strategy

· £8.6m capex invested in estate expansion, refurbishments and centre enhancements

· Net cash position at 31 March 2026 of £26.0m with undrawn £25m revolving credit facility

 

 

The Group remains confident in the outlook for FY2026 and beyond

 

 

Stephen Burns, Chief Executive Officer, said: "The benefits of the investments made throughout the UK and Canadian estate, combined with proactive demand generation initiatives and disciplined cost management, are reflected in our strong H1 performance. Demand for high-quality, family leisure activities that offer great value for money also remains resilient in both territories, and our cash generative business model allows us to invest where we see opportunities and deliver profitable growth."

 

 

Notice of Results

Hollywood Bowl will report its Interim Results on Wednesday 27th May 2026.

 

 

1. When reviewing in Canadian Dollars (CAD) to allow for the disaggregation of foreign currency effect. Canada revenue includes Striker Bowling Solutions (bowling equipment supply and maintenance) and bowling centres.

2. Like-for-like (LFL) revenue growth is total revenue excluding any new centres and closed centres. New centres are included in the LFL revenue after they complete the calendar anniversary of their opening date. Closed centres are excluded for the full financial year in which they were closed. LFL revenues exclude revenues from the Canadian Striker business which operates as a wholesaler and installer of bowling equipment and spare parts. Prior to FY2026 LFL revenue included the Canadian Striker business. We now consider it is appropriate to exclude the Canadian Striker business from LFL revenue in order to provide a clearer understanding of the underlying performance of our centres.

3.On an annualised basis in FY2026.

 

 

 

Enquiries:

 

Hollywood Bowl Group plc - Via Headland

Stephen Burns, Chief Executive Officer

Antony Smith, Chief Financial Officer

Mat Hart, Group Business Development Director

 

Headland

Rosh Field / Antonia Pollock

[email protected]

+44 (0)20 3805 4822

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
TSTFLFLASDIVLIR

Related Shares:

Hollywood Bwl
FTSE 100 Latest
Value10,589.99
Change30.41