Report
Guy Sips

Kinepolis Group Good 3Q sector numbers; Expansion of longstanding IMAX partnership

We fine-tuned our model after recent French and US attendance figures published for 3Q23.

We also welcomed that Kinepolis Group and IMAX Corporation expanded their longstanding partnership with six new IMAX screens in Europe and North America. Kinepolis Group indicated that the renovations have now been completed almost everywhere and all new IMAX locations have been or will be opened in the coming days and weeks.
Underlying
Kinepolis Group NV

Kinepolis 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.

Provider
KBC Securities
KBC Securities

We are a financial services provider for several types of professional clients, each with distinct needs.

 

Analysts
Guy Sips

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