Trading Update
Everyman Media Group PLC anticipates achieving growth in key metrics for the year ended January 1, 2026, with expected revenue of at least £114.5 million, up from £107.2 million in the prior year, and EBITDA of at least £16.8 million, compared to £16.2 million. Despite a weaker than anticipated UK Box Office performance in the fourth quarter, the company expects net debt to rise to approximately £24.0 million from £18.1 million. On a comparable 52-week basis, FY24 revenue was £103.8 million and EBITDA was £15.4 million, indicating continued year-on-year growth for FY25. The company also noted that current market consensus expectations were for higher revenue and EBITDA.
Select text to share a quote on X · sign in to keep highlights & notes in your EMAN notes
Everyman Media Group plc (AIM: EMAN), the independent, premium cinema group, provides an update for the year ended 01 January 2026 ("FY25").
As previously reported, the Group is operating in a challenging economic environment. Despite these challenges, the Group is on track to achieve growth across all key metrics in FY25, including improvements in revenue, EBITDA, F&B spend per head, paid-for average ticket price and market share.
However, as widely reported, UK Box Office performance in Q4 FY25 has been weaker than anticipated. As a consequence of this, the Board now expects Group revenue of no less than £114.5m (FY24: £107.2m) and EBITDA of no less than £16.8m (FY24: £16.2m)1. Accordingly, net debt is now expected to be approximately £24.0m at period end (2024: £18.1m). It is worth noting that FY24, as a 53-week period, contained an additional trading week compared to FY25. On a comparable 52-week basis, FY24 revenue would have been £103.8m and EBITDA £15.4m, reflecting further year-on-year growth in these metrics in FY25.
The Group expects to release a further trading update for FY25 and amended guidance on its outlook for future years in January 2026.
Alex Scrimgeour, CEO of Everyman Media Group Plc, said: "Notwithstanding the industry-wide challenges, to date this has been a year of progress in which we have achieved growth across our core operating metrics, delivering increased revenue, EBITDA and customer spend per head, as well as strong membership growth and expanding market share. The continued growth in customer satisfaction reflects our commitment to delivering the premium experience across our estate, and with our market leading position, we remain confident in the long-term growth opportunity in the premium cinema sector".
1 In so far as the Board is aware, prior to this announcement, current consensus market expectations for FY25 were revenue of £121.5m and EBITDA of £19.9m
| · | Motivated and welcoming teams |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.