Business
Preliminary Results
Preliminary Results.
About this update from Everyman Media Group Plc
[{"type":"text","content":"\n \nRNS Number : 6628S Everyman Media Group PLC 13 March 2019 \n\n13 March 2019\nEveryman Media Group plc\n(\"Everyman\" or the \"Company\")\nPreliminary results for the 53 weeks ended 3 January 2019\nHighlights \n· Revenue for the year up 27.7% to £51.9m (2017: £40.6m)\n· Adjusted EBITDA* increased 38.2% to £9.2m (2017: £6.6m)\n· Admissions up 25% on last year to 2.8m (2017: 2.2m)\n· A further 5 new Everyman venues opened in the last 12 months, growing the estate to 26 sites and 84 screens as at 12 March 2019\n· Everyman has a further 14 committed venues, of which 7 are expected to open in 2019\n· By the end of 2018, Everyman had become the fifth largest cinema business in the UK\n*Adjusted for pre-opening costs, acquisition expenses and share based payments\n\n\n\n\nThe information communicated in this announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014.\nFor further information, please contact:\n \n\n\n\n\nEveryman Media Group PLC\nCrispin Lilly\n\n\nTel: +44 (0)20 3145 0500\n\n\n\n\n \n \nCanaccord Genuity Limited - Nominated Adviser and Broker\n \nBobbie Hilliam\nRichard Andrews\nGeorgina McCooke\n\n\n \nTel: +44 (0)20 7523 8000\n\n\n\n\n \nChairman's statement\nI am pleased to report on the Group's results for the 53 weeks ended 3 January 2019.\nWith 5 new openings in the year in York, Glasgow, Altrincham, Crystal Palace and Liverpool, 2018 marked another year of strong growth. The business delivered performance in line with the Board's expectations across all key areas.\nThe Group now operates 26 venues (84 screens) as at 12 March 2019, up from 21 (65 screens) at the beginning of 2018. \nReview of the business &n...