Everyman Media Group PLC Trading Update (0436T)
November 22 2021 - 1:00AM
UK Regulatory
TIDMEMAN
RNS Number : 0436T
Everyman Media Group PLC
22 November 2021
22 November 2021
Everyman Media Group PLC
(the "Company")
Trading Update
Everyman Media Group PLC, the independent, premium cinema group
is pleased to announce a trading update for the financial year
ending 30 December 2021.
Admissions have been ahead of expectations since publishing its
interim results in September 2021. Therefore, Group revenues and
EBITDA for the financial year ending 30 December 2021 will exceed
current market expectations. On the basis of no further COVID-19
restrictions in 2021, the Group expects to report turnover of not
less than GBP46.3m and EBITDA of not less than GBP7.0m.
Looking beyond the current financial year, early indications
suggest the appetite for cinema remains strong and we are
optimistic for the outlook of the sector.
For further information, please contact:
Everyman Media Group PLC Tel: +44 (0) 20 3145
Alex Scrimgeour 0500
Elizabeth Lake
Canaccord Genuity Limited - Nominated Tel: +44 (0)20 7523
Adviser and Broker 8000
Bobbie Hilliam
Georgina McCooke
Alma PR (Financial PR Advisor) Tel: +44 (0)20 3405
Susie Hudson 0205
Joe Pederzolli
About Everyman Media Group PLC
Everyman is the fourth largest cinema business in the UK by
number of venues, and is a premium, high growth leisure brand.
Everyman operates a growing estate of venues across the UK, with an
emphasis on providing first class cinema and hospitality.
Everyman is redefining cinema. It focuses on venue and
experience as key competitive strengths, with a unique
proposition:
-- Intimate and atmospheric venues, which become a destination in their own right.
-- An emphasis on a strong quality food and drink menu prepared in-house.
-- A broad range of well-curated programming content, from
mainstream and independent films to theatre and live concert
streams, appealing to a diverse range of audiences.
-- Motivated and welcoming teams.
For more information visit
http://investors.everymancinema.com/
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END
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