Member Article

Everyman Cinema keeps eye on the UK Box Office with Harrogate opening

Independent cinema operators Everyman Media have announced that they have signed contracts on a new site in Harrogate.

For the half year ended 30 June 2014, the Group received 0.82% (2013: 0.70%) of all box office revenues for cinemas in the United Kingdom.

The firm stated that they believe there is significant growth potential for an independent cinema chain within the UK.

The company posted a pretax profitlast week of £220k, up from £183k, as revenue rose to £6.2 million from £5.4 million in the previous year.

The company said that since the period end it has been trading in line with expectations, and cited a “strong pipeline of new opportunities.” Looking ahead, it said it “continues to believe there is significant growth potential for an independent cinema chain within the UK.”

Everyman Media did not respond to requests for comment.

This was posted in Bdaily's Members' News section by Clare Burnett .