An excellent set of interims from Cineworld this morning, encapsulated by a 4% EBITDA beat vs our forecast. Overall, the Group has delivered an impressive 21% uplift in EPS on 18% (12% cc) revenue growth and rewarded investors with a 15.4% DPS hike. The general tenor of the results is positive and whilst there is nothing fundamentally new this morning, we are encouraged by reference to strong July trading. Comps admittedly are stiff for the rest of Q3, but the H1 beat and expectation of a strong Q4 on the back of Star Wars VIII influence us to tweak our FY17 forecast up marginally to take us 2% above consensus. With our new 12m TP of 770p (from 760p) implying 12% TSR we feel there is merit in putting the stock back on the Buy list having tactically downgrade to Hold in May. Overall, in a dull Leisure sector Cineworld continues to be a lone shining star.