From GlobeNewswire: 2025-02-20 01:00:00

Kinepolis reports strong annual results for 2024, with a successful second half due to improved film offerings after a slow start caused by the Hollywood strike. Despite lower overall results for the year compared to the previous year, revenue per visitor increased, driven by investments and demand for premium formats and concessions.

The international film lineup heavily influenced visitor numbers in 2024, with a post-pandemic recovery gaining momentum from summer onwards. Kinepolis managed to restore financial stability to pre-pandemic levels in 2019, leveraging innovation, premium concepts, and expansion opportunities for future growth.

Key achievements in 2024 include adding new ScreenX and Laser ULTRA theaters, expanding premium seating concepts, acquiring and opening new cinemas, and advancing the transition to sustainable laser projection technology. CEO Eddy Duquenne credits strong 2024 results to top films driving visitor numbers and the success of premiumization efforts, positioning Kinepolis for continued growth.

At the upcoming General Meeting, a gross dividend of €0.55 per share will be proposed. With the financial strength regained post-pandemic, Kinepolis looks forward to the potential expansion of Hollywood film offerings, signaling a promising outlook for the Group’s future growth.



Read more at GlobeNewswire:: Kinepolis boekt goede jaarresultaten dankzij uitstekende