Belgium's Kinepolis H1 revenue jumps to record as Emagine deal boosts admissions
Belgium's Kinepolis H1 revenue jumps to record as Emagine deal boosts admissions
Overview
Belgium cinema operator's H1 2026 revenue rose 32.6% yr/yr to record high
Admissions grew 33.8% to 19.1 mln, boosted by Emagine acquisition and strong film slate
Company completed Emagine acquisition and agreed to buy Showcase Cinemas in US
Outlook
Kinepolis cites a strong film line-up for H2 2026 as supporting confidence for the rest of the year
Company says ongoing investments to enhance the cinema experience will support future performance
Kinepolis expects further US expansion following the Showcase acquisition to benefit results
Result Drivers
FILM SLATE - Co said strong lineup of major and mid-tier films in both quarters drove admissions and revenue growth
EMAGINE INTEGRATION - Co said successful integration of 14 Emagine cinemas in US contributed to admissions increase
PREMIUMIZATION - Co said continued focus on premium offerings boosted profitability
Company press release: ID:nGNE2qQmKc
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
H1 Revenue |
| EUR 341.80 mln |
|
Analyst Coverage
The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 6 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the leisure & recreation peer group is "buy."
Wall Street's median 12-month price target for Kinepolis Group NV is €48.00, about 12.3% above its August 19 closing price of €42.75
The stock recently traded at 17 times the next 12-month earnings vs. a P/E of 12 three months ago
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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.)
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