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Everyman Media sees strengthening demand

The board is confident of a successful outcome for the full year.

Cinema projector
Contracts have recently been exchanged for a new venue in Egham,

Cinemas operator Everyman Media Group PLC (LON:EMAN) traded in line with expectations in the first half of the year.

The group ended the first half of the year operating 28 cinemas having opened a three-screen venue in Horsham and a four-screen venue in Newcastle earlier this year.

READ Trendy cinema chain Everyman reports surge in first-half ticket sales

Demand for the Everyman offer continues to strengthen, the company said, while contracts have recently been exchanged for a new venue in Egham, Surrey (four screens).

The company is on track to open five more new venues in 2019 and has legal commitments to open a further nine sites through 2020 and 2021 with more in advanced stages of negotiation.

Shares in Everyman were up 6.7% at 182.5p in early deals.

Quick facts: Everyman Media Group PLC

Price: 182.5 GBX

AIM:EMAN
Market: AIM
Market Cap: £132.94 m
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