Kinepolis Group Nv Reports Earnings Results for the Half Year Ended June 30, 2021
August 19, 2021 at 04:07 am EDT
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Kinepolis Group NV announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was EUR 36.786 million compared to EUR 112.575 million a year ago. Operating loss was EUR 47.952 million compared to EUR 25.851 million a year ago. Net loss was EUR 45.641 million compared to EUR 29.555 million a year ago. Basic loss per share from continuing operations was EUR 1.7 compared to EUR 1.1 a year ago. Diluted loss per share from continuing operations was EUR 1.68 compared to EUR 1.09 a year ago.
Kinepolis Group NV specializes in operating multiplex movie theaters. The activity is organized around 3 areas:
- operation of cinema multiplexes: sale of tickets, confectionery, and beverages, sale of advertising space, event organization, etc. At the end of 2023, the group has a network of 109 cinemas in Belgium (11), Canada (36), the Netherlands (19), France (18), the United States (10), Spain (10), Luxembourg (3), in Switzerland and Poland;
- leasing of commercial spaces: restaurants, outlets, etc.;
- other: cinematographic distribution and production, and technical services (primarily technical assistance and projector maintenance; Decatron).
KINEPOLIS GROUP NV 
