RE: Due Next week16 Mar 2023 21:40
someone said it was the 15th then someone else said it's the 16th
which should have been today'' could it be the 17th like last year, that would be
tomorrow,
Thu, 17th Mar 2022 07:00
RNS Number : 1081F
Cineworld Group plc
17 March 2022
CINEWORLD GROUP plc
Preliminary Results for the period ended 31 December 2021
Cineworld Group plc ("the Group"), a leading cinema operator in 10 countries including the United States and the United Kingdom with 751 sites and 9,189 screens globally, presents its Preliminary results for the full year ended 31 December 2021. These results are presented in US Dollars.
Cineworld has delivered a resilient performance in a very challenging market, strengthening its liquidity position and continuing to demonstrate tight control over its operating costs and cash usage. The Group is in a good position to benefit from the expected industry recovery.
Summary
· The Group's results for the year include a period of temporary closures from January to April/May 2021 due to COVID-19 restrictions and limited film slate
· Strong trading in Q4 supported by a strong film slate and pent-up demand for affordable out-of-home entertainment
· Group revenue of $1,804.9m (2020: $852.3m) and Group Adjusted EBITDA of $454.9m (2020: loss of $115.1m) for the period was severely impacted by COVID-19 related closures
anyway i was just thinking if revenue comes in over $2b as i think it should with Avatar,
from the $1.8b above, it would be a huge vote of confidence from all concern
I'm talking landlords / lenders / stakeholders / equity holders the lot''
and although i don't particularly like RNS on slippery Friday
because of the sell off for the weekend that comes with it,
but i would still be over the moon if one does turn up
at 7am, as CINE is a special case, and would not necessarily
be a pump and dump like all the rest because of it's revenue
making status
we will see
i will be up bright and early LOL!!
GLA