LONDON (Alliance News) - Cinema operator Everyman Media Group PLC said Thursday that current trading remained in line with expectations and the company continues to expand its venue base.
The company said business operations remained in line with expectations in the 27 week period ended July 5 and the Everyman Media remains "confident of a successful outcome" for the full year due to strengthening demand.
Everyman added its development pipeline is also in line with its expectations.
The group recently exchanged contracts for a four-screen venue in Cardiff, Wales, and a three-screen venue in London Broadgate. Both sites are expected to open in 2019.
In total, Everyman is now committed to a total of 15 more venues to add to its current 22 cinemas already operating.
Everyman is expected to release its interim results on September 5.
Shares in Everyman were 5.4% higher at 215.00 pence on Thursday.
Everyman Media (EMAN)