• Strong recovery of operational result and free cash flow
  • 77,2% of 2019 attendance in H1 2022, resulting in 93,5%(1) of H1 2019 revenue
    • Q1 still impacted by closures & restrictive measures
    • Attendance driven by successful blockbusters, essentially in May and June
    • June: 107,0% visitors vs 2019
    • Q2: 86,9% visitors vs 2019, resulting in 103,9%(1) of Q2 2019 revenue
    • Countries that lagged behind (Spain & USA) are catching up
    • Strong start of the summer holiday, followed by heat impact in several countries
  • Strong contribution of Entrepreneurship plan, strengthening the profitability of the Group and product range development
  • Sales per visitor remain high due to a higher demand for experience and premium products, resulting in a faster recovery of turnover
  • All other business lines show smooth recovery, especially B2B and screen advertising
  • Regained financial strength will allow Kinepolis to invest further in expansion and premiumisation strategy

(1) Corrected for one-offCovid-19 related items

3

  • 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)

4

  • Appointment of Mr. Jeroen Mouton as CFO of Kinepolis Group, effective from 15 November 2022

5

Attachments

  • Original Link
  • Original Document
  • Permalink

Disclaimer

Kinepolis Group NV published this content on 18 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 August 2022 12:23:04 UTC.