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Cineworld - bank a c60% profit

By Tom Winnifrith & Steve Moore | Saturday 14 March 2015


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Following its February 2014 combination with Cinema City to create the second largest cinema chain in Europe, Cineworld (CINE) has announced results for the year to 1st January 2015 and that “the prospects for the group in 2015 are good. There is a strong film release programme and we are currently on track to open a further 20 cinemas during the year”.


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