A robust trading update from Cineworld this morning, underlining the strength of the offering and the resilience of the industry relative to other parts of consumer sector. The strength of the top-line performance (+11%) further demonstrates that to date the group is successfully navigating a tricky FY16 given stiff comps and no blockbusters. Growth in the period was driven by a particularly strong showing from CEE and Other Income in the UK. We anticipate no change to consensus numbers at this ....
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Strong start to the year
A robust trading update from Cineworld this morning, underlining the strength of the offering and the resilience of the industry relative to other parts of consumer sector. The strength of the top-line performance (+11%) further demonstrates that to date the group is successfully navigating a tricky FY16 given stiff comps and no blockbusters. Growth in the period was driven by a particularly strong showing from CEE and Other Income in the UK. We anticipate no change to consensus numbers at this ....