Everyman Media Group plc is pleased to provide the following trading update for the 26 weeks ended 4 July 2019.
The Group ended the period operating 28 cinemas having opened a three-screen venue in Horsham and a four-screen venue in Newcastle during the period. Demand for the Everyman offer continues to strengthen, and the Board is pleased to announce that new contracts have recently been exchanged for a new venue in Egham, Surrey (four screens). The Company is on track to open five more new venues in 2019 and has legal commitments to open a further nine sites through 2020 and 2021 with more in advanced stages of negotiation.
The Group has performed in line with expectations in the first 26 weeks of 2019 and the Board is confident of a successful outcome for the full year. The Group intends to publish its interim results for the 26 weeks ended 4 July 2019 on 24 September 2019.