Business

Sunday 30 April 2017

Cinema operator Cineworld revenue jumps 14.6pc

The Secret Life of Pets
The Secret Life of Pets

Cinema operator Cineworld reported a 14.6pc rise in revenue for the 45 weeks to November 10, helped by strong box office collections from movies like "The Secret Life of Pets", "Finding Dory", and "The BFG".

Cineworld said box office revenue grew by 8.5pc for the period while total revenue in its key UK and Ireland markets rose 8.4pc.

The company, which operates 2,103 screens, said it was confident of delivering results in line with current market expectations with two major releases - "Fantastic Beasts and Where To Find Them" and "Star Wars: Rogue One" - slated to open in December.

Reuters

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