Brief: Kinepolis H1 EBITDA Turns To Profit At 68.2 Million Euros

Kinepolis NV

18/08/2022 06:06

Aug 18 (Reuters) - Kinepolis Group NV  KIPO.BR :
    * EBITDA IN FIRST SEMESTER AMOUNTED TO EUR 68.2 MILLION,
WITH AN
EBITDAL (EBITDA ADJUSTED FOR LEASES) OF EUR 50.4 MILLION
    * H1 EBITDA EUR 68.2 MLN VS LOSS EUR 7.1 MLN YR AGO
    * H1 TOTAL PROFIT AMOUNTED TO EUR 9.1 MILLION
    * END-H1 FREE CASH FLOW RECOVERED TO EUR 25.7 MILLION
    * H1 SALES PER VISITOR (TICKET SALES, DRINKS AND SNACKS)
REMAINED
HIGH, AND WERE HIGHER THAN IN 2021
    * H1 KINEPOLIS WELCOMED 13.7 MILLION VISITORS IN FIRST HALF
OF
YEAR, CORRESPONDING TO 77.2% OF VISITORS IN SAME PERIOD IN 2019
    * NET FINANCIAL DEBT (NFD), EXCLUDING LEASE LIABILITIES,
DECREASED
FROM EUR 474.5 MILLION ON 31 DECEMBER 2021 TO EUR 450.0 MILLION
ON 30 JUNE 2022
    * EQUITY AMOUNTED TO € 149.9 MILLION ON 30 JUNE 2022.
SOLVENCY WAS
12.8%, COMPARED TO 10.1% AT THE END OF 2021

Source text for Eikon:  ID:nGNE6ysrH2 
Further company coverage:  KIPO.BR 

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