Kinepolis - Feedback CMD - “We are missing movies”
• Kinepolis 1st ever Capital Markets Day provided interesting insights of where the group came from and what the company is focusing on for the near future: internal growth and a return in visitor numbers as a driver for sales and cash flow • External growth remains a key focus for the group and its financial means are sound enough to deal with that. However, they will certainly not bet the farm and shareholder remuneration could be considered <1.5x leverage, as we also witnessed in the past• The CMD showed Kinepolis is ready in a market that has not yetKinepolis Group NV is a Belgium-based company, which is primarily engaged in the operation of cinemas. The Company's activities are divided into such business units, as Box office, In-theatre sales, Business-to-business (B2B), Film distribution and Real Estate. The Box office unit includes sale of the tickets. The In-theatre sales unit is involved in the sale of snacks and related articles. The B2B unit takes care of the organization of corporate events and the sale of screen advertizing to corporate customers. The Film distribution unit includes all activities related to movies showed in the cinema. The Real Estate is responsible for the property management and utilization. Additionally, the Company has a Technical department, which delivers technological support to Kinepolis facilities. The Company is present in Belgium, France, Spain and Poland.
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