Brief: Kinepolis CEO Says Working On Innovative Products, Approaches - Conf Call

Kinepolis NV

25/02/2021 14:11

Feb 25 (Reuters) - Kinepolis Group NV  KIPO.BR :
    * CINEMAS OPEN FOR THE TIME BEING IN UNITED STATES, WE HOPE
IN THE
COMING WEEKS WE'LL BE ABLE TO OPEN IN CANADA - CEO IN CONF CALL
    * ON CINEMAS OPENING: NO NEWS OR DECISION TAKEN IN COMING
THREE
WEEKS IN NETHERLANDS, FRANCE;  IN BELGIUM THROUGH MAY 1 - CEO IN
CONF CALL
    * OPEN WITH CAPACITY RESTRICTIONS IN LUXEMBOURG, SOME
THEATRES IN
SPAIN ARE OPEN - CEO IN CONF CALL
    * NEGOTIATING WITH  SUPPLIERS, LANDLORDS FOR RENT
ABATEMENTS, DID
NOT PUSH CASH LIABILITIES TO THE FUTURE - CFO IN CONF CALL
    * LOCAL CONTENT IN NETHERLANDS, SPAIN VERY SUCCESSFUL WITH
LACK OF
MAJOR BLOCKBUSTER COMPETITION - CFO IN CONF CALL
    * WORKING ON PLANS TO INNOVATE PRODUCTS, APPROACHES - CEO IN
CONF
CALL
    * THE IMPORTANT INVESTORS REMAIN ON BOARD - CEO IN CONF CALL
    * HELPED BY UBEREATS POPCORN IN CANADA, POPCORN SHOW OVENS
IN
SPAIN - CEO IN CONF CALL
    * EXPECTS MAINTENTANCE CAPEX TO SLOW DOWN SINCE CINEMAS IN
TOP
CONDITION, AIMS TO OPTIMISE SPENDING - CEO IN CONF CALL
    * WITH SO MANY OPTIONS, WE NEED TO WORK ON THE SELECTION -
CEO IN
CONF CALL

Further company coverage:  KIPO.BR 

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