UK's Everyman Media H1 revenue rises 24% on higher ticket prices
UK's Everyman Media H1 revenue rises 24% on higher ticket prices
Overview
UK cinema operator's H1 revenue rose 24% on higher admissions and ticket prices
Adjusted EBITDA post-IFRS 16 up 32% to £10.8 mln, reflecting strong underlying performance
Company returned to statutory profit before tax, aided by a one-off share-based payment credit
Outlook
Company expects full-year performance to be marginally ahead of 2025
Company remains cautious on full-year outlook due to economic environment and Q4 trading significance
Everyman sees strong film slate supporting demand for premium cinema experience in H2
Result Drivers
ADMISSIONS GROWTH - Higher admissions, up 20.5%, drove revenue and market share gains, supported by a strong film slate and original content
TICKET AND F&B PRICING - Average ticket price rose 4.1% and food & beverage spend per head increased 3.0%, reflecting menu innovation and pricing actions
MEMBERSHIP AND PARTNERSHIPS - Membership grew 13.4% and brand partnerships expanded, contributing to higher recurring revenue and audience engagement
Company press release: ID:nRSC1867Ta
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
H1 Revenue |
| GBP 69.80 mln |
|
H1 Net Income |
| GBP 1.56 mln |
|
H1 Adjusted EBITDA |
| GBP 10.80 mln |
|
H1 Gross Margin |
| 64.90% |
|
H1 EBIT |
| GBP 5.28 mln |
|
H1 Gross Profit |
| GBP 45.27 mln |
|
H1 Pretax Profit |
| GBP 1.90 mln |
|
Reuters Recommended Reads
Aug 31 - UK retailers raise prices by most since 2024, BRC data shows
Sept 1 - UK economic outlook improves but firms wary of investment, BCC says
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)