Cineworld posts half-year revenue rise on strong U.S. ticket sales

FILE PHOTO Workers repair a sign at a Cineworld cinema in Bradford northern England, March 24, 2016. REUTERS/Phil Noble/File Photo - Copyright Phil Noble(Reuters)

By Reuters

Published on 09/08/2018 - 12:04•Updated 25/04/2024 - 14:00

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(Reuters) - Cinema operator Cineworld Group Plc <CINE.L> posted on Thursday a 10.8 percent rise in half-year revenue, helped by strong U.S. sales backed by big-ticket releases such as "Avengers: Infinity War" "Black Panther".

Net admissions to its cinemas rose 4.9 percent to 123 million for the six months ended June 30.