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REG - Hollywood Bowl Group - Trading Statement - Year Ended 30 September 2025

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RNS Number : 1728D  Hollywood Bowl Group plc  14 October 2025

 

Hollywood Bowl Group plc

("Hollywood Bowl" or the "Group")

 

Trading update for the year ended 30 September 2025 and Notice of Results

 

RECORD REVENUES AND EBITDA

WITH CONTINUED EXPANSION IN UK AND CANADA

 

Hollywood Bowl, the UK and Canada's largest ten-pin bowling operator,
announces a trading update for the financial year ended 30 September 2025
(FY2025).

 

Highlights

 

Financial

 

·      Record revenues of £250.8m, up 8.9% compared to FY2024

o  UK total revenue up 6.4% on FY2024, to £212.4m

o  Canada revenue up 32.8% on a constant currency basis(1), to CAD 70.0m
(£38.4m)

·      Total Group like-for-like (LFL)(2) revenue growth of +0.6%, +1.3%
on a constant currency basis

o  UK total LFL: +1.1%, with UK bowling centres LFL of +1.3%

o  Canada total LFL: +3.2%, with Canada bowling centres LFL of +0.8%, on a
constant currency basis()

·      The Group expects to report EBITDA in line with market
expectations(3)

·      Robust balance sheet continues to offer significant capital
flexibility

o  £37m capex invested in estate expansion and centre enhancements

o  Successful completion of £15m share buyback in the year

o  Net cash position on 30 September 2025 of £15.2m

o  Undrawn £25m revolving credit facility

Strategic Progress

·      New prime location centres opened: 5 UK and 2 Canada

·      Refurbishments completed: 5 UK and 7 Canada

·      Group centre portfolio: 77 UK  (FY2024: 72) and 15 Canada
(FY2024: 13)

·      Strong new centre pipeline for FY2026 and beyond: on track to
achieve 130 centres by 2035

·      The Group remains confident in the outlook for the Group in
FY2026 and beyond

 

Stephen Burns, Chief Executive Officer, said:

"We are very pleased with our full-year performance, both financially and
operationally. We have again demonstrated the success of our proven,
customer-led strategy and differentiated business model by delivering record
revenues and further profitable growth. Our motivated and engaged teams
consistently delivered high quality customer experiences which resulted in
increased dwell time and record levels of positive customer feedback.

We have continued to drive strong returns through ongoing investment in our
centres and the expansion of our estate in prime locations in the UK and
Canada and we have an exciting pipeline of new centres that continues to grow.
The strong cash generative nature of our business means we are well-placed to
continue investing in the size and quality of our estate and to continue to
enhance the customer experience through our service standards and the use of
digital technology to drive returns. We remain confident in the long-term
growth opportunities in the UK and Canada."

Notice of Results

The Group expects to publish its final results for FY2025 on 16 December 2025.

 

Note:

 

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

3. Based on company compiled consensus average of analysts' expectations for
FY2025 where revenue is £248.0m (range £246.0m - £250.6m) and adjusted
EBITDA pre IFRS 16 is £68.0m (range £66.9m - £70.8m).

 

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