KIN Kinepolis Group NV

Belgian Kinepolis cinemas closed until at least 31 March

Belgian Kinepolis cinemas closed until at least 31 March

Belgian Kinepolis cinemas closed until at least 31 March

12 March 2020, 8 p.m.

Regulatory release, Inside information

Kinepolis closely monitors the situation regarding the spread of the Coronavirus and is in close consultation with the relevant authorities in all the countries where it operates with regard to measures to protect customers and employees.

In view of recent developments, Kinepolis has decided, in consultation with the local authorities concerned, to close all Belgian Kinepolis cinemas from tomorrow (March, 13) until at least 31 March. In the other countries, consultation with the relevant authorities is ongoing and for a number of cinemas, measures have been taken to limit the occupancy per room, as well as a number of additional measures, such as a stronger spread of the starting time of the film screenings. We are also preparing for additional measures in other countries, but these decisions will always be taken in close consultation with the local authorities.

Depending on the duration of the closure and the number of cinemas involved, Kinepolis may expect a severe impact on the group's financial results for the first half of the year.

We advise our customers to consult our online communication channels (, social media) for more information per cinema and about compensation for tickets.

The health of our movie lovers and employees remains our absolute priority. We remain in close consultation with the local relevant authorities.

Contact

Kinepolis Press Office

+32 (0)9 241 00 16

About Kinepolis

Kinepolis Group NV was formed in 1997 as a result of the merger of two family-run cinema groups and was listed on the stock exchange in 1998. Kinepolis offers an innovative cinema concept which serves as a pioneering model within the industry. In addition to its cinema business, the Group is also active in film distribution, event organization, screen publicity and property management.

In Europe, Kinepolis Group NV has 55 cinemas spread across Belgium, the Netherlands, France, Spain, Luxembourg, Switzerland and Poland. Since the acquisition of Canadian movie theatre group Landmark Cinemas and American movie theatre group MJR, Kinepolis also operates 46 cinemas in Canada and 10 in the US.

In total, Kinepolis Group currently operates 111 cinemas worldwide, with a total of 1,079 screens and almost 200,000 seats. Kinepolis employs 4,600 people, all committed to giving millions of visitors an unforgettable movie experience. More information on .



EN
12/03/2020

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Kinepolis Group NV

ING Helpdesk
  • ING Helpdesk

Benelux Morning Notes

AEGON: Addition of €200m to existing SBB, considering US domicile, results mixed. Alfen: 19% EBITDA cut, mid-point new 2026 guidance. Flow Traders: Positive volumes, negative volatility. Kinepolis: Strong profit beat on better operating leverage, higher ticket and ITS per visitor. Recticel: Peer Rockwool 2Q25 results. Tessenderlo: Solid 1H25 beat, guidance maintained. VGP: Strong results, more news on JVs to come

Guy Sips ... (+6)
  • Guy Sips
  • Hilde Van Boxstael
  • Thibault Leneeuw
  • Thomas Couvreur
  • Wim Hoste
  • Wim Lewi
Guy Sips
  • Guy Sips

Kinepolis Group Strong international blockbusters put leverage on prem...

We maintain our positive stance (Buy, € 50 Target Price) after 1H25 showed that strong international blockbusters put leverage on Kinepolis' premiumisation strategy. 2Q25 showed that Kinepolis' investments in experience and innovation as well as its operating model are particularly rewarding. We look forewarned to more news on further external expansion as the CEO highlighted that they are prepared for it after the new credit facility (Kinepolis closed in 1H a new € 160.0m credit line).

 PRESS RELEASE

Strong second quarter for Kinepolis cinemas thanks to international bl...

Strong second quarter for Kinepolis cinemas thanks to international blockbusters Strong second quarter for Kinepolis cinemas thanks to international blockbusters Regulated information 21 August 2025, 7.00 am CET After a weak start to the year due to a limited blockbuster offering, Kinepolis posted strong second-quarter results, driven by a robust international film lineup and an effective premiumisation strategy. The success of ‘A Minecraft Movie’, ‘Lilo & Stitch’ and ‘Mission Impossible: The Final Reckoning’, among others, boosted visitor numbers by 17.3% in the second quarter compared...

 PRESS RELEASE

Un deuxième trimestre solide pour les cinémas Kinepolis grâce aux bloc...

Un deuxième trimestre solide pour les cinémas Kinepolis grâce aux blockbusters internationaux Un deuxième trimestre solide pour les cinémas Kinepolis grâce aux blockbusters internationaux Information réglementée 21 août 2025, 7h00 Après un début d’année en demi-teinte, dû à une offre limitée de blockbusters, Kinepolis a enregistré de bons résultats au deuxième trimestre, portés par une offre internationale de films réussie et une stratégie de premiumisation efficace. Le succès de ‘Minecraft, le film’, ‘Lilo & Stitch’ et ‘Mission Impossible : The Final Reckoning’, entre autres, a fait gr...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch