Reuters logo
Cineworld reports 19 pct fall in full-year profit
March 6, 2014 / 7:40 AM / 4 years ago

Cineworld reports 19 pct fall in full-year profit

March 6 (Reuters) - Britain’s largest cinema operator Cineworld Group Plc said full-year pretax profit fell 19.3 percent, hurt by transaction and reorganisation costs related to a recent acquisition and a regulatory probe.

Cineworld said pretax profit fell to 30.9 million pounds ($51.7 million) in the year ended Dec. 26, from 38.3 million pounds a year earlier.

Revenue rose 13.2 percent to 406.1 million pounds at the only listed cinema chain in the UK.

Shares in the Chiswick, London-based company closed at 309.25 pence on Wednesday on the London Stock Exchange.

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below