Tuesday 21 November 2017

Cineworld expects fall off in movie-goers during World Cup

Cineworld expects fall off in movie-goers during World Cup
Cineworld expects fall off in movie-goers during World Cup

Aastha Agnihotri

Cineworld Group Plc, Britain's largest cinema operator, said it expects the soccer World Cup this summer to have a "negative impact" on admissions to its cinemas.

Shares in Cineworld were down 1.2 percent at 338.25 pence in early trading on the London Stock Exchange on Thursday.

Cineworld reported a 34 percent jump in revenue for the 18 weeks to May 1, as more people visited its cinemas and paid more for their tickets.

Online Editors

Promoted Links

Business Newsletter

Read the leading stories from the world of Business.

Promoted Links

Also in Business