Other key highlights
Group box office market share of 27.4% (2012: 26.4%) in UK and Ireland (Rentrak) with Cineworld Cinemas' market share up 0.7 percentage points to 25.4% (2012: 24.7%);
Group admissions 1.4% higher than 2012 on a pro-forma basis;
Average ticket price per admission up 2.8% to £5.43 (2012: £5.28) with higher average retail spend per person at £1.83 (2012: £1.73);
EBITDA up 8.1% to £72.3m (2012: £66.9m)
Full year dividend of 10.1p per share which represents a 6.3% growth in cash dividend for those shareholders which took up their rights as part of the rights issue on 14 February 2014;
Opening of a nine screen cinema in Wembley, a new ten screen cinema in Gloucester Quay and the reopening of the Glasgow Science Centre IMAX as a Cineworld Cinema;
Nine new Starbucks outlets opened in year bringing total to 11;
On 10 January 2014, Cineworld Group announced the combination with the cinema assets of Cinema City International N.V. ("CCI") which completed on 27 February 2014.
Commenting on these results, Anthony Bloom, Chairman of Cineworld Group plc, said:
"I am pleased with the overall progress made in 2013, with revenues up despite a small national decline in box office revenues, and adjusted pro-forma diluted EPS up 7.1% from 2012. As a result, we are proposing a full year dividend of 10.1p. During the year we have opened a new nine screen cinema in Wembley, replaced our existing six screen cinema in Gloucester with a new ten screen cinema at Gloucester Quay and expanded our IMAX offering further by reopening the Glasgow Science Centre IMAX as a Cineworld Cinema. Picturehouse has now been part of the Cineworld Group for a year and has delivered in line with expectation. Unfortunately, the Competition Commission has determined that we need to dispose of three sites, however the Group have reacted positively and we are excited to be expanding the both Cineworld and Picturehouse brands further in 2014 with the planned opening of three new Cineworld Cinemas and two new Picturehouse sites."
