Record high revenue: +19,8% compared to H1 2019 (+25,1% vs H1 2022) with -5,3% visitors versus 2019
Impact of Entrepreneurship & STAR plans, combined with the further execution of the Kinepolis strategy
Faster increase of revenue due to record high sales per visitor, driven by a bigger offer of and higher demand for premium movie experiences
Record high EBITDA and EBITDAL
+22,8% visitors compared to H1 2022; 94,7% of H1 2019 visitors
Confirmation that strong films drive further recovery of visitor numbers
International release calendar expected to be back to pre-pandemic levels in 2024
74,8% of H1 2019 visitors on a like-for-like basis (excluding expansion since 2019) → potential for further growth
External expansion
Net financial debt, excluding lease liabilities, decreased slightly, despite high investments in maintenance and internal expansion (roll-out of 'premium' movie experiences)
5
HIGHLIGHTS
Strategic pillars
Best Marketer
Best Cinema Operator
Best Real Estate Manager
Acquisition and successful integration of cinema in Belfort (FR)
Expansion of partnership with IMAX, including 6 brand new IMAX theatres (Kirchberg (LU), Madrid (ES), Nîmes (FR), Liège (BE), Landmark Waterloo (CA) and MJR Southgate (US)) and 2 upgrades to IMAX Laser
Further roll-out of premiumisation: Premiere Seats (CA), VIP Seats (US) and Laser ULTRA in Canada and US
Premiere Seats installed in 17 Landmark Cinemas to date
Renovation of Landmark Waterloo, Ontario to include recliners, Premiere Seats and Laser ULTRA
Second Laser ULTRA theatre in US, in MJR MarketPlace Sterling Heights
Entrepreneurship and Star Plans on track
6
Acquisition Belfort (FR)
7
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Kinepolis Group NV published this content on 17 August 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 August 2023 13:31:03 UTC.
Kinepolis Group NV specializes in operating multiplex movie theaters. The activity is organized around 3 areas:
- operation of cinema multiplexes: sale of tickets, confectionery, and beverages, sale of advertising space, event organization, etc. At the end of 2023, the group has a network of 109 cinemas in Belgium (11), Canada (36), the Netherlands (19), France (18), the United States (10), Spain (10), Luxembourg (3), in Switzerland and Poland;
- leasing of commercial spaces: restaurants, outlets, etc.;
- other: cinematographic distribution and production, and technical services (primarily technical assistance and projector maintenance; Decatron).
KINEPOLIS GROUP NV 
