Financial Highlights
Group revenue growth of 8.4% on a statutory basis and 6.8% on a constant currency basis1;
- UK & Ireland revenue growth of 3.0%,
- ROW4 revenue growth of 13.9% on a constant currency;
EBITDA growth of 9.0% on a statutory basis and 7.2% on a constant currency basis;
Adjusted profit after tax increased by 5.5% to £32.7m;
Adjusted profit before tax remains broadly flat at £39.4m;
Statutory profit after tax decreased to £24.4m, predominantly due to:
- a £6.4m one-off gain on a disposal in the prior year period, and
- adverse currency movements of £6.1m compared to an exchange rate gain of £8.9m in the prior year period;
Adjusted diluted EPS growth of 5.2% to 12.2p;
Interim dividend increased by 4.0% to 5.2p;
Net cash generated from operating activities of £44.4m; and
Net debt broadly flat at £250.3m compared to £245.2m at 31 December 2015.
Operational Highlights
Admissions growth of 2.7% to 46.1m;
Strategic expansion continued with four more site openings, taking the Group to 2053 screens;
Estate management progressing well, with six major refurbishments to be completed by the end of 2016;
Driving technological innovation with the first 4DX screen in Slovakia and first IMAX Sound Experience in the UK; and
CEO, Mooky Greidinger awarded the Global Achievement Award in Exhibition at Cinemacon 2016.
