Kinepolis Group ended the first half of 2008 with revenue of EUR 101.1m, EBITDA of EUR 21.6m, operating profit of EUR 9.7 m, and net profit of EUR 4.7 m.

 

Kinepolis results for the first half of 2008 are determined solely by recurrent items, unlike the first half of 2007, when non-recurring transactions flattered net profit by approx. EUR 3 million (net profit H1 2007: EUR 8.2 m).  After eliminating the non-recurring items, recurring operating profit is practically on a par with that of last year. Recurring net profit for H1 2008 (EUR 4.7m) remains in line with that of H1 2007 (EUR 5.2m).

 

With the economy weakening and inflation rising, these results can be considered satisfactory.