UK's Hollywood Bowl rises on profit growth, new buyback plan
27/05/2026 12:05
BUZZ-UK's Hollywood Bowl rises on profit growth, new buyback plan Updates
** Shares of UK-based bowling center operator Hollywood Bowl BOWL.L rise as much as 15% to 300p, highest since November 2025
** Co reports 8% rise in adjusted pre-tax profit of £32.1 million ($43.18 million) for the first-half of fiscal 2026 as new prime centers in the UK and Canada boost returns
** Announces buyback programme of £5 million for the second half of FY26
** Confident of delivering on expectations for FY26
** The share buyback programme and plan to open possibly nine centers in FY27E are positive indicators of management confidence - Peel Hunt analysts
** Stock up ~8% YTD
($1 = 0.7434 pounds)
(Reporting by Roshni Srivastava in Bengaluru)