Analyst Views: What does Cineworld’s business look like without Steve Wiener?

 
Oliver Smith
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WAYNE BROWN CANACCORD GENUITY

“Steve has built up a very successful business over the past 18 years, from nothing to the number one in the UK. The opportunity to either bring in new blood or utilise the strong senior management team, suggests that Cineworld will be in an even stronger position over the medium term.

SAHILL SHAN N+1 SINGER

“Steve’s done a very good job at building a dominant market position and has put the business on a strong footing to move forward, especially with respect to the site pipeline. It’s probably an appropriate time for him to move on as the business prepares for the next phase of its growth.

ALEXANDER MEES JP MORGAN CAZENOVE

“Steve Wiener leaves the company in good shape. There are now more than 100 cinemas in the company’s network and a strong pipeline of new sites underpins the future growth trajectory. The challenge for the new chief executive will be to capitalise on opportunities to reshape the cinema experience.