Strong recovery of operational result and free cash flow in H1 2022
77,2% of 2019 attendance in H1 2022, resulting in 93,5%(1) of H1 2019 revenue and 74,3% of Q3 2019 attendance in Q3 2022, resulting in 90,1% of Q3 2019 revenue
Weak summer line‐up ('Top Gun: Maverick' most popular movie in September, almost 4 months after release)
Warm weather & many leisure alternatives (post‐Covid effect)
YTD Q3 2022 attendance: 76,1% vs YTD Q3 2019
Kinepolis remains financially solid, thanks to strong contribution of Entrepreneurship plan, strengthening the profitability of the Group and product range development, despite slower recovery of visitor numbers
Sales per visitor remain high due to a higher demand for experience and premium products, resulting in a faster recovery of turnover vs visitor number
Promising Q4 in terms of content, but challenging macro‐economic context
(1) Corrected for one‐off Covid‐19 related items
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Strategy
Strategic pillars
Best Marketer
Best Cinema Operator
Best Real Estate Manager
Highlights H1 2022
Q1 still impacted by closures & restrictive measures
Further roll‐out of premium products in Europe, Canada and preparation for the United States
200 laser upgrades in 2022
Entrepreneurship plan fully executed
Star plans ongoing
Takeover of the operation of two Spanish cinemas, in Marbella and Barcelona (effective from the beginning of November 2022)
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highlights H1 2022
Investments in a premium moviegoing experience
Introduction of 'Premiere Seats' in 10 additional Landmark cinemas (CA)
Complete renovation of Landmark St. Catharines, Pen Centre (CA)
Preparation to introduce 'VIP seats' and Laser ULTRA in USA in Q3 2022
St. Catharines, Pen Centre (CA)
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Disclaimer
Kinepolis Group NV published this content on 13 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 November 2022 08:33:05 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 
