Everyman Media revenue jumps 24% in strong first half as delisting decision nears

Everyman Media Group has reported a sharp rise in first-half revenue and profit, driven by record admissions, as the premium cinema chain edges closer to a decision on leaving London’s junior market.

The AIM-listed group posted revenue of £70.0m for the 26 weeks to 2 July 2026, up 23.9% on the £56.5m recorded a year earlier. Admissions climbed 20.5% to 2.6m, while adjusted EBITDA rose 32.0% to £10.8m.

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Growth was underpinned by both a busier box office and higher spending per visit. The paid-for average ticket price rose 4.1% to £12.97, and food and beverage spend per head edged up 3.0% to £11.41. The company’s market share increased 60 basis points to 6.4%, which it put down to the strength of its premium proposition and audience appeal.

Several high-profile blockbuster releases such as Toy Story would have helped get people back into the cinema in the first half of 2025.

Net debt fell 29% to £17.1m, down from £24.2m, helped by strong operating cash flows, the timing of working capital payments and limited spending on new venues during the period.

Despite the strong start, the board struck a cautious note on the full year, citing the difficult economic backdrop and the importance of fourth-quarter trading to the annual result. Planned investment in IT infrastructure and other projects is expected to weigh on second-half profitability, though the directors still expect full-year performance to come in marginally ahead of 2025.

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On the corporate front, the board said it continues to engage with stakeholders over a potential delisting, with a further announcement expected before the end of August.

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