Kinepolis to receive 2024 milestone award from UNIC
7 May 2024
Kinepolis Group has been named as the 2024 recipient of the CineEurope Milestone Award, given in recognition of its outstanding accomplishments within European cinema exhibition. The Award will be presented as part of the CineEurope Awards Ceremony on Thursday 20 June at the Centro de Convenciones Internacional de Barcelona (CCIB) in Barcelona, Spain.
Kinepolis, headed by CEO Eddy Duquenne, reported record results in 2023. Compared with 2022, revenue increased by 21.1 percent to € 605.5 million, with EBITDAL increasing by 32.8 percent to € 151.4 million. Net profit doubled to € 56.1 million.
This strong revenue generation was driven by 20.6 percent more visitors compared to 2022, combined with an increase in sales per visitor, a direct result of Kinepolis' substantial investments in premium concepts and film experiences.
The CineEurope Milestone Award recognises Kinepolis’ constant efforts to offer the best experience to cinema-goers and its achievements over the past 25 years.
Welcoming the announcement of the Award, Phil Clapp, President of the European cinema trade grouping UNIC, said: “We are delighted to see Kinepolis honoured at CineEurope 2024. This award recognises the company’s ability to drive a wide range of audiences to the Big Screen, while always maintaining unwavering confidence in the future of the industry. On behalf of the UNIC Board and colleagues from across the industry, I would like to congratulate Kinepolis for this wonderful achievement.”
Andrew Sunshine, President of The Film Expo Group, added: “CineEurope is thrilled to recognize our friends Joost Bert, Eddy Duquenne and the entire Kinepolis team for their note-worthy accomplishments and confirmed expansion in the industry.”
Contact
Kinepolis Press Office
+32 (0)9 241 00 16
pressoffice@kinepolis.com
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. More information on www.kinepolis.com/corporate.
About CineEurope
CineEurope 2024 will take place from 17-20 June at the Centro de Convenciones Internacional de Barcelona (CCIB) in Barcelona, Spain. CineEurope is the longest-running and most successful European convention and trade show for major, regional, and independent cinema professionals. CineEurope will feature exclusive screenings and product presentations of upcoming films, sponsored events, timely and informative seminars and the CineEurope Trade Show. CineEurope is the Official Convention of the Union Internationale des Cinémas/International Union of Cinemas (UNIC).
About UNIC
The Union Internationale des Cinémas/International Union of Cinemas (UNIC) represents the interests of cinema trade associations and cinema operators covering 39 countries in Europe and neighbouring regions.
About Film Expo Group
The Film Expo Group is the premier organizer of events in the motion picture industry. The Film Expo Group produces CineEurope, held in Barcelona; ShowEast, held in Miami; and CineAsia, held in Bangkok.
