Everyman Media Group plc is pleased to provide the following trading update for the 27 weeks ended 5 July 2018.
The Group ended the period operating 22 cinemas having opened a four screen venue in York during the period, as previously announced. Demand for the Everyman offer continues to strengthen and the Board is pleased to announce that new contracts have been exchanged for venues in Cardiff (four screens) and London Broadgate (three screens), both of which are expected to open in 2019. These sites, together with those previously announced, commit the Group to a total of 15 more venues.
The Group has performed in line with expectations in the first 27 weeks of 2018, the Board is confident of a successful outcome for the full year and the pipeline is continuing to be developed in line with the Board’s expectations.
The Group intends to publish its interim results for the 27 weeks ended 5 July 2018 on 5 September 2018.