Cineworld Group Plc announces trading update

  • Dec 03, 2019 GMT
  • Team Kalkine
  • Integration plans for Regal have progressed well and management is pleased to announce an increase in achievable synergies from $150m to $190m
  • Investment in the latest technology continues to be a key pillar of the Group's strategy
  • During the second half of the year, five new sites (45 screens) were opened, two in the UK, two in the US and one in Poland.
  • Despite a challenging comparative period, Group performance has been resilient across the portfolio.

With Bank of England reducing the interest rates to a historic low level, the spotlight is back on diverse investment opportunities. 

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