Kinepolis Group: Business Update Q3 2010

| Financial

Regulatory release

*Kinepolis is consolidating its strategic objectives to be the best marketeer, the best cinema operator and the best cinema property manager.
*Kinepolis continues to invest in customer experience, digitalisation (3D), remodelling and new concepts, which supports greater recognition and customer consumption.
*During the third quarter, this led, in combination with a strong film offering, to a rise in the number of visitors and higher box office revenue (revenue from ticket sales). During the third quarter, 3D-film tickets accounted for one fifth of the total number of tickets sold.
*The total number of visitors by 30 September was 15.8 million, an increase of 4.4% compared to 2009.
*In-theatre sales (ITS) (revenue from the sale of drinks, snacks and retail in the cinema) and business-to-business (B2B) revenue increased further during the third quarter.
*Further variabilisation of the cost structure and efficiency enhancing measures continue to contribute to an increase in the current EBITDA. The free cash flow in line with the result.
*Kinepolis achieved an added value of  EUR 1.4 million in the first phase of the Gent real estate project (Belgium), in cooperation with the Blyweert Group.

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 63 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 Theatres, Kinepolis also operates 36 cinemas in Canada and 10 in the US.

In total, Kinepolis Group currently operates 109 cinemas worldwide, with a total of 1,131 screens and more than 200,000 seats. Kinepolis’ employees are all committed to giving millions of visitors an unforgettable movie experience. 

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A. Van Troos,
Communication Manager

Kinepolis Group nv
The Office I
Moutstraat 132-146
B - 9000 Gent

T: +32 9 241 00 16


Kinepolis Group NV
Schelde 1
Moutstraat 132-146
B-9000 Gent

+32 9 241 00 00