Hollywood Bowl announce an interim dividend up 21.7% to 3.98 pence per share

DividendMax Ltd.

Hollywood Bowl announce an interim dividend up 21.7% to 3.98 pence per share

The Hollywood Bowl Group Board has declared an interim dividend of 3.98 pence per share. The ex-dividend date is 13 June 2024, with a record date of 14 June 2024 and a payment date of 10 July 2024.

Other financial highlights include:

Record first half Group revenue of £119.2m (H1 FY2023: £110.2m) 

Group adjusted EBITDA pre-IFRS 16 increased by 10.0 per cent to £38.6m (H1 FY2023: £35.1m)

UK LFL revenue growth of 1.3 per cent and 8.0 per cent in Splitsville centres in Canada  

Cash generative model provides investment capital and balance sheet strength: robust net cash position at 31 March 2024 of £41.4m;

Extended undrawn £25m revolving credit facility to December 2025

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