May 8, 2014 / 8:50 AM / 4 years ago

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

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