HOLLYWOOD BOWL GROUP PLC (BOWL) — Interim Results

Investor webinar replay

Replay transcript excerpt

Good afternoon, and welcome to the Hollywood Bowl Group PLC interim results investor presentation. Throughout this recorded presentation, investors will be in listen only mode. Questions are encouraged, and they can be submitted at any time by the q and a tab situated in the right hand corner of your screen. Simply type in your questions and press send. The company may not be in a position to answer every question received during the meeting itself. However, the company can review all the questions submitted today and publish responses where it's appropriate to do so. Before we begin, I'd like to start the following poll. I'd now like to hand over CEO, Steven Burns. Good afternoon, sir. Yeah. Good afternoon. Thank you, everybody, for taking the time out of your days to, dial into our presentation. My name is Steve Burns. I'm the chief exec of Hollywood BOWL GROUP. I'm joined by our CFO, Lawrence Keane. I'll take you through a brief overview of the highlights of The UK, highlights of Canada operationally, and Lawrence will take us through the numbers. Starting with slide three. So the first half of our financial year has been a record performance for the group with revenues of 129,200,000, which were up 8.4% in the same period last year. And despite the increased cost burden, record EBITDA of 38,800,000. We opened five new centers in the half, three in The UK, two in Canada, and are well on track with our refurbishment program. And despite despite the significant levels of CapEx that we deployed, the completion of a 10,000,000 share buyback, We finished the half with net cash of 22,700,000 on our balance sheet as well as having, a revolver revolving credit facility that we've recently, renewed, which remains undrawn. I'll now hand over to Florence who will take us thr...