FTSE 100 Live: Stocks dip as oil edges higher; BP posts profit boom Markets Good morning and welcome back to the City AM liveblog. Oil returned to a three-week high comfortably over the $105 mark on Monday and those gains look set to continue today. Brent crude – the international benchmark for oil prices – edged over $110 on Tuesday morning as it once again appeared peace talks in [...]
Everyman boss departs with immediate effect weeks after profit warning Business The boss of luxury cinema chain Everyman Media Group has stepped down weeks after warning over sales and profits following poor box office trading. Shareholders were informed on Monday morning that Alex Scrimgeour was stepping down as chief executive with immediate effect, with current non-executive director Farah Golant to take over on an interim basis [...]
Everyman: Shares in luxury cinema rise after revenue spikes Retail Shares in Everyman spiked nearly five per cent morning after the upmarket cinema group reported double digit profit growth. The chain, which has 48 venues across the UK, told markets this morning that revenue in the first half of 2025 rose 21 per cent to £56.5m. Earnings before interest, tax, depreciation and amortization (EBITDA) rose [...]
Gladiator II and Wicked set to drive winter boost for Everyman Cinemas September 25, 2024 Luxe cinema group Everyman Cinemas has reported a jump in revenue and earnings as it eyes a slate of big-ticket blockbusters over the next few months. The company reported revenue of £46.9m in its interim results, up from £38.3m in the same period last year, as the number of Brits heading to its cinema sofas [...]
Everyman: Dune 2 and Bob Marley films will help cinema ‘outperform’ in 2024 April 16, 2024 In its full year 2023, Everyman reported double digit revenue and profit growth, sending shares up over four per cent on Tuesday.