KIN Kinepolis Group NV

Business update first quarter 2024

Business update first quarter 2024

Business update first quarter 2024

Regulated information

25 April 2024, 7 a.m. CET

Business update Q1 2024 attached.

Attachment



EN
25/04/2024

Underlying

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Reports on Kinepolis Group NV

ING Helpdesk
  • ING Helpdesk

Benelux Morning Notes

Azelis: Strong margin performance in weak trading results in 3% EBITA beat. BE Semiconductor Industries: 1Q24 results; prolonged downcycle. Coca-Cola Europacific Partners plc: Messy but good. DWS: Record breaking. Flow Traders: Crypto Kings. Fugro: Here we go again. Kinepolis: Weak start to the year, but a bit better than feared. UCB: Changes in the group executive committee. Unilever: Heading in the right direction. Vonovia: Disposal of 4,500 apartments for €700m. Wolters Kl...

Guy Sips ... (+9)
  • Guy Sips
  • Hilde Van Boxstael
  • Kristof Samoy
  • Lynn Hautekeete
  • Thibault Leneeuw
  • Thomas Couvreur
  • Thomas Vranken
  • Wim Hoste
  • Wim Lewi

Morning Notes : ADYEN NA, ASML NA, BESI NA, FLOW NA, FUR NA, HEIA NA, ...

: ADYEN NA, ASML NA, BESI NA, FLOW NA, FUR NA, HEIA NA, HOMI BB, KIN BB, VGP BB, WDP BB, XFAB FP, AZE BB, ONWD BB

Guy Sips
  • Guy Sips

Kinepolis Group FIRST LOOK: Weaker 1Q24 film offering resulted in -9.6...

Despite the weaker 1Q24 film offering and the lower visitor numbers associated with this (7.3m in 1Q24 -perfect in line with our estimates- versus 8.1m in 1Q23), we applauded that Kinepolis indicated they generated strong results per visitor and 1Q24 FCF was even stronger than in 1Q23. Kinepolis highlighted that this ‘Sales/visitor' remained high, thanks to strong demand for premium products, but was occasionally impacted by the product mix in 1Q. We maintain our € 53 Target Price and Buy.

 PRESS RELEASE

Business update first quarter 2024

Business update first quarter 2024 Business update first quarter 2024 Regulated information 25 April 2024, 7 a.m. CET Business update Q1 2024 attached. Attachment

 PRESS RELEASE

Business update premier trimestre 2024

Business update premier trimestre 2024 Business update premier trimestre 2024 Information réglementée 25 avril 2024, 7h00 Business update T1 2024 en annexe. Pièce jointe

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