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Everyman Media and its Posh Cinemas Surprise the City By Filling Seats Despite the Plague

Hello Share Followers. My instinct when asked to consider buying shares in cinema is to say no thanks. Not with the Covid lockdowns and the residual view by some folks that leaving the front door is to risk catching it. But the latest trading update for Everyman Media Group (EMAN) is encouraging.

By Malcolm Stacey
2022-01-24 08:14:00

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NEWSFLOW

Everyman Media (#EMAN) – FY reduced loss on more than doubled revenue, admissions momentum continuing

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Everyman Media and its Posh Cinemas Surprise the City By Filling Seats Despite the Plague

NEWSFLOW

Everyman Media (#EMAN) – pleased with admissions since re-opening, roll-out programme set to recommence

NEWSFLOW

Everyman Media (#EMAN) – CFO Elizabeth Lake “to step down”, six-month notice period

NEWSFLOW

Everyman Media (#EMAN) – admissions ahead of expectations since publishing interims in September

NEWSFLOW

Everyman Media (#EMAN) – returned to profit and cash generation on re-opening & market share has grown

NEWSFLOW

Everyman Media (#EMAN) – agreed £10m increase in debt facilities to £40m

NEWSFLOW

Everyman Media (#EMAN) – CEO Crispin Lilly tenders resignation “to pursue personal interests”, “commencing a full search for a replacement”

NEWSFLOW

Everyman Media (#EMAN) – argues positives following re-openings but “trading has inevitably been soft with no major releases”

NEWSFLOW

Everyman Media (#EMAN) – to start to reopen venues from 4th July, with intention for all 33 to be open by 24th July

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