Shares - - TALKING POINT -

THE CIN­EMA OP­ER­A­TOR has ex­po­sure to multiple ge­o­graphic ter­ri­to­ries and has proven the ben­e­fits of rein­vest­ing money back into its es­tate as spruced-up cin­e­mas led to higher spend­ing per cus­tomer.

Its re­cent foray into the US mar­ket presents a new earn­ings growth driver, led by re­fur­bish­ment gains and greater buy­ing power. The an­a­lyst con­sen­sus fore­cast is for £316m pre-tax profit in 2018, ris­ing to £403m in 2019 and £437m in 2020.

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