KIN Kinepolis Group NV

Kinepolis Group publishes 2019 annual report

Kinepolis Group publishes 2019 annual report

Kinepolis Group publishes 2019 annual report

Regulatory release

9 April 2020, 8 a.m.

Kinepolis Group presents its 2019 annual report, which provides a detailed overview of the latest results and activities of the company.

The annual report consists of three parts, that can be downloaded together or separately:

  • Part I: Company report
  • Part II: Sustainability report
  • Part III: Financial report

The Ordinary General Meeting and Extraordinary General Meeting will take place on Wednesday 13 May 2020 at 10 a.m. at the registered offices of Kinepolis Group NV (Eeuwfeestlaan 20, 1020 Brussels).

Considering the exceptional circumstances concerning the COVID-19 pandemic, the board of directors urgently requests the shareholders to respect the applicable government policies at the date of the meetings and, if still applicable in their current or similar form, to avoid physical attendance to these meetings and to provide the necessary proxies in accordance with the model made available by the Company. In case of new developments, the Company will communicate on this matter by means of a press release.

Contact

Kinepolis Press Office                                                    Kinepolis Investor Relations

+32 (0)9 241 00 16                                                         +32 (0)9 241 00 22

                                             

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
09/04/2020

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Reports on Kinepolis Group NV

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Kinepolis: Box office doubles in US/Canada, flat attendance in France. KPN: VodafoneZiggo goes for accelerated DOCSIS 4.0 roll out, answering infra question. Lotus Bakeries: CEO expects US$100m in sales in India by the end of the decade. Philips: 1Q25 results – Guidance lowered on tariffs. PostNL: 1Q25 in line with consensus; FY25 outlook reiterated

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Benelux Morning Notes

BE Semiconductor Industries: Important TCB Next order. Belgian telcos: Telenet weak Q1 commercially across the board, financials reasonable. D'Ieteren: Belgian April car registrations down 5%, VW down 11%. GBL: NAV per share above estimates. Kinepolis: US Peer Cinemark 1Q25 results a slight miss. KPN: VodafoneZiggo 1Q25 very weak, cut guidance on EBITDA, revenue after 2 months

David Vagman ... (+2)
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Kinepolis/Weak start, macro, long-term worries priced in/BUY

We cut our EPS by 13% on lower attendance and our target price by 14% to €43, while factoring in slightly lower long-term growth and a slower M&A restart. The share price has underperformed by 20% YTD, reflecting a weak 1Q25, some specific country issues (Netherlands, Spain, France), macro fears and, we think, more longer term concerns that the industry cannot pull off a material recovery despite an improvement in content. We keep our BUY rating on: (1) Kinepolis self-help and, above all, its M&...

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Guy Sips ... (+10)
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Morning Notes : FLOW NA, FUR NA, GLPG NA, KIN BB, KPN NA, XFAB FP, AZE...

: FLOW NA, FUR NA, GLPG NA, KIN BB, KPN NA, XFAB FP, AZE BB, IMCD NA, ONWD BB, AUTL US, EXO NA, ZEAL DC, PHVS US

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