Everyman Media Group PLC Trading Update (0436T)

TIDMEMAN

RNS Number : 0436T

Everyman Media Group PLC

22 November 2021

22 November 2021

Everyman Media Group PLC

(the "Company")

Trading Update

Everyman Media Group PLC, the independent, premium cinema group is pleased to announce a trading update for the financial year ending 30 December 2021.

Admissions have been ahead of expectations since publishing its interim results in September 2021. Therefore, Group revenues and EBITDA for the financial year ending 30 December 2021 will exceed current market expectations. On the basis of no further COVID-19 restrictions in 2021, the Group expects to report turnover of not less than GBP46.3m and EBITDA of not less than GBP7.0m.

Looking beyond the current financial year, early indications suggest the appetite for cinema remains strong and we are optimistic for the outlook of the sector.

 
 For further information, please contact: 
 Everyman Media Group PLC                  Tel: [phone] 
  Alex Scrimgeour                           0500 
  Elizabeth Lake 
 
   Canaccord Genuity Limited - Nominated     Tel: [phone] 
   Adviser and Broker                        8000 
   Bobbie Hilliam 
   Georgina McCooke 
 
   Alma PR (Financial PR Advisor)            Tel: [phone] 
   Susie Hudson                              0205 
   Joe Pederzolli 
 

About Everyman Media Group PLC

Everyman is the fourth largest cinema business in the UK by number of venues, and is a premium, high growth leisure brand. Everyman operates a growing estate of venues across the UK, with an emphasis on providing first class cinema and hospitality.

Everyman is redefining cinema. It focuses on venue and experience as key competitive strengths, with a unique proposition:

   --        Intimate and atmospheric venues, which become a destination in their own right. 
   --        An emphasis on a strong quality food and drink menu prepared in-house. 

-- A broad range of well-curated programming content, from mainstream and independent films to theatre and live concert streams, appealing to a diverse range of audiences.

   --        Motivated and welcoming teams. 

For more information visit http://investors.everymancinema.com/

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November 22, 2021 02:00 ET (07:00 GMT)