Everyman Media Group PLC (LON:EMAN) shares popped higher on Thursday as the fancy cinema chain enjoyed a solid first-half.
The AIM-quoted company didn’t give too much away, telling investors it traded “in line” with expectations during the six months ended July 5.
More sites to be added
Everyman added it remains “confident of a successful outcome” for the full-year as it continues to develop its pipeline.
The group operates 22 cinemas across the UK, having opened a four-screen venue in York earlier this year, but as “demand for the Everyman offer continues to strengthen”, more sites are set to be added.
Everyman said today that contracts have now been exchanged for a four-screen venue in Cardiff and a three-screen cinema in London Broadgate, both of which are due to open next year.
These sites, together with those previously announced, mean the group is in the process of adding a total of 15 more venues to its portfolio.
Interim results will be published on September 5.