KIN Kinepolis Group NV

Kinepolis posts strong third quarter

Kinepolis posts strong third quarter

Kinepolis posts strong third quarter

Regulated information

24 October 2024, 7 a.m. CET

Business update Q3 2024 attached.

Attachment



EN
24/10/2024

Underlying

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Reports on Kinepolis Group NV

Guy Sips
  • Guy Sips

Kinepolis Group 4Q24 will be good but not as good as we thought

We updated our FY24 visitor numbers after Canadian peer Cineplex disclosed that recent Hollywood tentpoles like Moana 2 and Wicked fuelled blockbuster box office performance in December 2024 but less than we thought. The Canadian exhibition giant also cautioned Thanksgiving holdovers and more year-end titles left Cineplex still below pre-pandemic box office revenue in Dec-2019. If we extrapolate this (combined with recent Box Office Mojo data for US box office data for 4Q24) we now bank on 33.3m...

Guy Sips ... (+5)
  • Guy Sips
  • Jacob Mekhael
  • Michiel Declercq
  • Sharad Kumar S.P
  • Thomas Vranken
ING Helpdesk
  • ING Helpdesk

Benelux Morning Notes

Aalberts: M&A is back. Ahold Delhaize: Acquisition of Profi Rom completed. Gimv: A Christmas present. Kinepolis: US/Canada box office at 85% of pre Covid level, France at 92% in December

ING Helpdesk
  • ING Helpdesk

Benelux Morning Notes

Elia: New CEO appointed; close to home. Kinepolis: Peer Cineplex November 2024 box office revenue at 94% of 2019, up 41% YoY

ING Helpdesk
  • ING Helpdesk

Benelux Morning Notes

Colruyt: 1H24/25F preview – room to beat at EBIT level. Gimv: Major investment in the HVAC industry in France. Kinepolis: US/Canada box office at 94% of pre covid, France attendance recovery at 87%. NSI: Small acquisition in Utrecht

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