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Kinepolis Group NV ( (DE:KPSN) ) has issued an announcement.
Kinepolis Group NV reported strong results for the second half of 2024 despite a challenging first half impacted by the Hollywood strike. The company’s revenue per visitor increased due to investments in premium formats and the demand for premium experiences. While annual visitor numbers were lower than the previous year, the company improved its financial stability to pre-pandemic levels and continued its expansion with new theaters and renovations. A gross dividend of €0.55 per share is proposed, and the company is optimistic about future growth with the expected expansion of Hollywood film offerings.
More about Kinepolis Group NV
Kinepolis Group NV operates in the cinema industry, providing movie experiences through its theaters across Europe and North America. The company focuses on offering premium cinema formats and facilities, including ScreenX and Laser ULTRA theaters, and emphasizes the quality of the film experience.
YTD Price Performance: -5.41%
Average Trading Volume: 750
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €991.4M
Find detailed analytics on KPSN stock on TipRanks’ Stock Analysis page.
