Shares in Everyman surged nearly five per cent this morning after the premium cinema group delivered double-digit profit growth.
The chain, which operates 48 venues across the UK, announced to markets this morning that first-half 2025 revenue climbed 21 per cent to £56.5m, as reported by City AM.
Earnings before interest, tax, depreciation and amortisation (EBITDA) jumped 33 per cent to £8.2m, driven by a 15 per cent increase in admissions to 2.2m.
Canaccord Genuity analysts noted that Everyman is “well-positioned for future success” as film production “continues to normalise”.
“[There’s] plenty of further UK expansion potential for the Group’s elevated and differentiated brand offer,” analysts commented.
Everyman, which claims to be “redefining cinema”, concentrates on premium venues and hospitality services.
Chief Executive Alex Scrimgeour attributed Everyman’s performance to its “unique brand of high-quality, experience-led cinema”.
“We look forward to building on this momentum in the second half of the year,” Scrimgeour added.
The firm stated that despite a “challenging economic environment”, it is presently performing in line with board expectations for the complete financial year.
Several new launches are scheduled, including a five-screen site at The Whiteley in Bayswater opening in August 2025, with two further venues planned for 2026.
Net debt currently sits at £24.2m, down 6.2 from the first half of 2024, with net debt reduction from operational cash flow anticipated in the second half of this year. Everyman has a market share of 5.8 per cent, marking an increase of 3.6 per cent year on year.
