Cineworld reports in-line half year trading – UPDATE

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Cineworld Group on Thursday reported in-line trading for the 26 weeks ended June 26th, with revenue higher across most sectors and countries.

On a pro-forma basis, overall Box Office revenues have increased by 1.5%, admissions were up by 1% and retail spend per person increased by 2.6%. There was a 2.5% decline in Other Income, which includes screen advertising, sponsorship and film distribution income, due to phasing of distribution incomes. Excluding this, Other Income increased by 3.2%.