Cineworld expects fewer movie-goers during soccer World Cup
(Reuters) - Cineworld Group Plc, Britain's largest cinema operator, said it expects the soccer World Cup this summer to have a "negative impact" on admissions to its cinemas.
Shares in Cineworld were down 1.2 percent at 338.25 pence in early trading on the London Stock Exchange on Thursday.
Cineworld reported a 34 percent jump in revenue for the 18 weeks to May 1, as more people visited its cinemas and paid more for their tickets.
(Reporting by Aastha Agnihotri in Bangalore; Editing by Robin Paxton)
- Lightning, rain fail to deter resolute Hong Kong protesters |
- Kurds seize Iraq/Syria border post; Sunni tribe joins fight against Islamic State |
- Special Report: Islamic State uses grain to tighten grip in Iraq
- Protesters stay out on Hong Kong streets, defying Beijing |
- EBay follows Icahn's advice, plans PayPal spinoff in 2015 |