LONDON (Alliance News) - Cinema operator Everyman Media Group PLC said Tuesday it has exchanged contracts with Wokingham Borough Council for a new site in Wokingham, Berkshire.
The company said it expects a new three-screen cinema will open in 2019.
Last week, Everyman reported a swing to a loss in 2015 after booking higher costs relating to the opening of new cinemas, but a rise in revenue as it continued to build its brand and expand its pipeline, opening six new cinemas during the year.
By Hana Stewart-Smith; hanassmith@alliancenews.com; @HanaSSAllNews
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Everyman Media (EMAN)