Promising Restart for Kinepolis Group After Lengthy Closures in First Half-year
Kinepolis Group Publishes 2020 Annual Report
Kinepolis Secures 3-year Bank Credit of EUR 80 Million
Update Regarding Closure and Reopening of Kinepolis Cinemas Worldwide
Kinepolis Responds Quickly and Decisively to the Crisis, and is Looking Forward to the Future with Confidence
MediaMation Continues Their EU Expansion
Update Regarding Reopening Kinepolis Cinemas Worldwide
Following the worldwide outbreak of the coronavirus, Kinepolis was forced to close all of its cinemas as of mid-March. In the meantime, cinemas in various countries have begun restarting their operations and there are now concrete reopening plans in all countries where the Group is active. We wish t…
Kinepolis Group Accelerates Transition to Laser
Cinionic, the Barco, CGS, and ALPD cinema joint venture, announces plans to upgrade Kinepolis cinemas with its exclusive RGB+ laser solutions, continuing the longstanding relationship between the companies. Global exhibitor Kinepolis Group operates nearly 1,100 screens across nine countries includin…
Kinepolis Group to Reopen Cinemas in Various Countries
Since mid-March, the cinemas of Kinepolis in all the countries where the Group operates have been closed on the recommendations of local governments. Our absolute priority has always been the health of our movie lovers and staff, and we rely on the expert advice of the competent authorities in each…
Kinepolis Group Release Q1 2020 Business Update
Business update Q1 Up until the closure of the cinemas due to the measures relating to the COVID-19 virus, in every country where Kinepolis is active, the Group recorded an increase in visitor numbers and financial results, partly as a result of its recent acquisitions. As known, Kinepolis was force…
Kinepolis Group Publishes 2019 Annual Report
Kinepolis Group presents its 2019 annual report, which provides a detailed overview of the latest results and activities of the company. The annual report consists of three parts, that can be downloaded together or separately: Part I: Company report Part II: Sustainability report Part III: Financial…
Update Impact Covid-19
Because of the impact of the Covid-19 virus, Kinepolis found itself forced to close the doors of all its cinemas, mostly on the initiative of the national authorities. Depending on the duration of this crisis, Kinepolis expects a significant impact on the group’s financial results in 2020. In…
A Strong 2019 for Kinepolis
The continued implementation of the Kinepolis business strategy, both in new and existing markets, combined with favourable market conditions in Europe, led to excellent results for the Group in 2019. Almost all cinemas received significantly more visitors, particularly in the second half of the yea…
IMAX Theatre Antwerp Inaugurated with National Premiere of ‘Star Wars: The Rise of Skywalker’
Today, Eddy Duquenne, CEO of Kinepolis Group, and Giovanni Dolci, IMAX’s Interim Head of Global Sales, will officially open the brand-new IMAX theatre in Antwerp. The inauguration coincides with the national premiere of ‘Star Wars: The Rise of Skywalker’, Disney’s latest chapter in the Star Wa…
Kinepolis Acquires Dutch Cinema Arcaplex
As of today, Kinepolis will take over both the property and the operation of the Arcaplex cinema located in Spijkenisse, the Netherlands. The cinema, previously owned and run by the Rump brothers, has 9 screens and 951 seats, and welcomed more than 200,000 visitors in 2018. The cinema has been thoro…
Kinepolis Group Report Third Quarter Financial Results
Kinepolis has had a strong third quarter, thanks to the consistent implementation of its business and expansion strategy, combined with a solid international film offering and better weather conditions than the year before. The implementation and further deepening of Kinepolis’ business strategy in…
Kinepolis Completes Acquisition of American Movie Theatre Chain MJR
Kinepolis Group has completed the acquisition of American movie theatre chain MJR Digital Cinemas. At the beginning of last month, Kinepolis reached agreement on the acquisition, but it was subject to American regulatory approvals. The approval has been obtained and allowed Kinepolis to successfully…
Kinepolis is ‘Entrepreneur of the Year 2019’
Yesterday, Kinepolis Group proudly received the ‘Entrepreneur of the Year 2019’ award for Flanders from His Majesty the King of Belgium. The 25th edition of this prestigious event, organised by EY in collaboration with Belgian newspaper De Tijd and BNP Paribas Fortis, took place in Auditorium 2000 a…
Kinepolis to Open Both a New Cinema in France and the First Full Laser Cinema in Canada This Week
Today, Kinepolis Group is officially inaugurating a new cinema complex in Servon, the second Kinepolis cinema in the Île-de-France region, exactly one year after the first was opened in the same region (Kinepolis Brétigny-sur-Orge). The new cinema, which opened its doors to the public on September 1…
Kinepolis to Expand Investment in Canada to the US With Acquisition of MJR, a Michigan-based Movie Theater Chain
Kinepolis has reached an agreement to acquire American movie theater chain MJR Digital Cinemas. The transaction sees Kinepolis crossing the Canadian border to enter the US market. MJR Digital Cinemas, which is privately held and headquartered in Bloomfield Hills, Michigan, operates 10 movie theater…
Consistent Implementation of Business and Expansion Strategy Results in 7.3% Higher Revenue and 10.6% Higher EBITDA for Kinepolis in the First Half-Year
Kinepolis achieved a 7.3% higher turnover1 in the first half of 2019, with 3.7% more visitors. The EBITDA2, before the impact of IFRS 163, increased in the same period by 10.6%, to € 56.4 million. Including the impact of IFRS 16, EBITDA amounted to € 69.2 million. The integration of Landmark Cinemas…
Belgian Competition Authority makes new decision regarding the behavioural conditions imposed on Kinepolis Group
Kinepolis Completes Acquisition of Spanish Cinema Group El Punt
Following approval by the Spanish competition authority, Kinepolis Group has, on 28 February 2019, completed the acquisition of the ‘Full’ cinema complex in Barcelona and ‘El Punt Ribera’ in Valencia. Both cinemas are part of the El Punt cinema group, which is owned by the Sallent family. The ‘Full’…
Kinepolis Takes Further Major Steps in Implementing its Long-term Strategy in 2018
2018 was a successful year for Kinepolis in terms of implementing and validating its long-term business and expansion strategy. The successful integration of Landmark Cinemas Canada has contributed significantly to the Group’s results. In addition, Kinepolis took major steps in the Group…
Court of Appeal Makes Judgment in Procedure Regarding the Decision of the Belgian Competition Authority to Partially Cancel the Behavioral Measures Imposed on Kinepolis Group
On 21 November 2018, the Court of Appeal of Brussels has made a judgment in the procedure regarding the decision of the Belgian Competition Authority (BCA) of 26 April 2018 to partially cancel the behavioral measures imposed on Kinepolis Group with effect from 26 April 2020. Following the partial an…