The Hollywood Bowl Group Plc Board has declared a final ordinary dividend of 8.08 pence per share.
Subject to approval at the AGM, the ex-dividend date will be 30 January 2025, with a record date of 31 January 2025 and a payment date of 21 February 2025.
Other financial highlights include:
Total revenue of £230.4m, up 7.1% (FY2023: £215.1m)
+0.2% like-for-like (LFL) revenue growth compared to FY2023
o UK total LFL: flat overall, with UK bowling centres LFL of +0.3%
o Canada total LFL: +6.3%, with Canada bowling centres LFL of +5.9%, on a constant currency basis
Group adjusted EBITDA (pre-IFRS) of £67.7m (FY2023: £64.9m) ahead of expectations
Group adjusted profit before tax of £45.0m (FY2023: £47.5m); Group profit before tax decreased to £42.8m (FY2023: £45.1m) reflecting the £5.3m (FY2023: £2.2m) impairment relating to mini-golf centres in the year
Group adjusted profit after tax of £32.3m (FY2023: £36.6m); Group profit after tax decreased to £29.9m (FY2023: £34.2m)
