REG - Hollywood Bowl Group - Half Year Trading Update

Hollywood BowlAnnouncement

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RNS Number : 2804A  Hollywood Bowl Group plc  15 April 2026

Hollywood Bowl Group plc

("Hollywood Bowl" or the "Group")

 

Half Year Trading Update & Notice of Results

 

CONTINUED GROWTH DRIVEN BY STRATEGIC INVESTMENT, UNDERPINNED BY STRONG DEMAND
FOR FAMILY-FRIENDLY, AFFORDABLE LEISURE ACTIVITIES

 

Hollywood Bowl Group, operator of the UK's and Canada's largest ten-pin
bowling brands, announces a trading update for the six months ended 31 March
2026.

 

Strong revenue growth

 

·      Strong revenue growth to £141.5m, up 9.5% compared to H1 FY2025

·      UK total revenue up 9.4% on H1 FY2025, to £118.4m

·      Canada revenue up 12.8% on a constant currency basis(1), to CAD
42.9m (£23.2m)

·      Like-for-like (LFL)(2) revenue growth of +1.9%

o  UK LFL: +2.6%

o  Canada LFL: +0.5%, on a constant currency basis()

 

Costs well controlled

 

·      Continued track record of disciplined cost management

·      High Gross margins make the business well-insulated against
inflationary pressures

·      76% of the Group's total electricity needs are hedged until end
of FY2029, including 12% provided from on-site solar(3)

 

Continued strategic progress

 

·      Opened a new prime location in Edmonton, Canada in H1, trading
well

·      Group estate currently stands at 77 UK and 16 Canadian centres

·      Two new UK centres and one Canadian centre due to open in H2

·      Strong new centre pipeline for FY2027 and beyond

 

 

Disciplined capital allocation

 

·      Robust balance sheet provides significant capital flexibility and
supports growth strategy

·      £8.6m capex invested in estate expansion, refurbishments and
centre enhancements

·      Net cash position at 31 March 2026 of £26.0m with
undrawn £25m revolving credit facility

 

 

The Group remains confident in the outlook for FY2026 and beyond

 

 

Stephen Burns, Chief Executive Officer, said: "The benefits of the investments
made throughout the UK and Canadian estate, combined with proactive demand
generation initiatives and disciplined cost management, are reflected in our
strong H1 performance. Demand for high-quality, family leisure activities that
offer great value for money also remains resilient in both territories, and
our cash generative business model allows us to invest where we see
opportunities and deliver profitable growth."

 

 

Notice of Results

Hollywood Bowl will report its Interim Results on Wednesday 27(th) May 2026.

 

 

(1.) (When reviewing in Canadian Dollars (CAD) to allow for the
disaggregation of foreign currency effect. Canada revenue includes Striker
Bowling Solutions (bowling equipment supply 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. LFL
revenues exclude revenues from the Canadian Striker business which operates as
a wholesaler and installer of bowling equipment and spare parts. Prior to
FY2026 LFL revenue included the Canadian Striker business. We now consider it
is appropriate to exclude the Canadian Striker business from LFL revenue in
order to provide a clearer understanding of the underlying performance of our
centres.)

(3.On an annualised basis in FY2026.)

(  )

 

 

 

Enquiries:

 

Hollywood Bowl Group plc - Via Headland

Stephen Burns, Chief Executive Officer

Antony Smith, Chief Financial Officer

Mat Hart, Group Business Development Director

 

Headland

Rosh Field / Antonia Pollock

hollywoodbowl@headlandconsultancy.com
(mailto:hollywoodbowl@headlandconsultancy.com)

+44 (0)20 3805 4822

 

 

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