REG - Everyman Media Grp - Trading Update

Everyman MediaAnnouncement

22/11/2021 07:05

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RNS Number : 0436T  Everyman Media Group PLC  22 November 2021

22 November 2021

Everyman Media Group PLC

(the "Company")

Trading Update

Everyman Media Group PLC, the independent, premium cinema group is pleased to
announce a trading update for the financial year ending 30 December 2021.

Admissions have been ahead of expectations since publishing its interim
results in September 2021. Therefore, Group revenues and EBITDA for the
financial year ending 30 December 2021 will exceed current market
expectations. On the basis of no further COVID-19 restrictions in 2021, the
Group expects to report turnover of not less than £46.3m and EBITDA of not
less than £7.0m.

Looking beyond the current financial year, early indications suggest the
appetite for cinema remains strong and we are optimistic for the outlook of
the sector.

 

 For further information, please contact:

 Everyman Media Group PLC                                   Tel: +44 (0) 20 3145 0500

 Alex Scrimgeour

 Elizabeth Lake

 Canaccord Genuity Limited - Nominated Adviser and Broker   Tel: +44 (0)20 7523 8000
 Bobbie Hilliam

Georgina McCooke

 Alma PR (Financial PR Advisor)                             Tel: +44 (0)20 3405 0205

 Susie Hudson

 Joe Pederzolli

 

About Everyman Media Group PLC

Everyman is the fourth largest cinema business in the UK by number of venues,
and is a premium, high growth leisure brand. Everyman operates a growing
estate of venues across the UK, with an emphasis on providing first class
cinema and hospitality.

Everyman is redefining cinema. It focuses on venue and experience as key
competitive strengths, with a unique proposition:

·        Intimate and atmospheric venues, which become a destination in
their own right.

·        An emphasis on a strong quality food and drink menu prepared
in-house.

·        A broad range of well-curated programming content, from
mainstream and independent films to theatre and live concert streams,
appealing to a diverse range of audiences.

·        Motivated and welcoming teams.

For more information visit http://investors.everymancinema.com/

 

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