Kinepolis recorded its highest ever turnover in the first half of 2023

The Kinepolis Group can look back on an excellent six months. Such a high volume of sales has never happened before, states the company listed in its financial report for the first half of 2023. Then the results Barbie And Oppenheimer Not even there yet.

The total revenue of the cinematic group during the first six months of the year amounted to 285.3 million euros. That was a 25.1% increase over the same period in 2022. It was 19.8% better than the same period in cinema’s strong 2019.

Super Mario Bros game. The film produced good cinematic results / Photo: Kinpolis

And according to CEO Eddie Duquesne, the good results have been driven by “the high demand for expertise and the fact that we’ve continued to invest in our expertise offerings since the pandemic.” movies like Avatar: The Way of the Water, Super Mario Bros. film And Guardians of the Galaxy Vol. 3 They are the crowd pullers in the first half of the year. Giant strikes Barbie And Oppenheimer It has not yet become part of these good numbers because it came out later.

285.3 million euros were generated, for 53.4% ​​of cinema ticket sales. 32.3% were responsible for sales in the theater, in short popcorn and cola. Nearly ten percent was made through business-to-business activities. 0.7% came from the group’s film distribution arm.

Turnover was achieved with 16.8 million visitors. This was 22.8% higher than in the first half of 2022. But 5.3% lower than in the first six months of 2019. In short, compared to 2019, revenue per visitor increased significantly in 2023. Duquesne also expressed In his explanation: “At the group level, Kinepolis has “only” 74.8% more visitors compared to 2019. We see this developing more positively in the coming months and years.

The results were achieved in a total of 110 cinemas in eight countries. These are Belgium, France, Spain, the Netherlands, Luxembourg, Switzerland, Canada and the United States. The Kinepolis Group owns twenty cinemas in the Netherlands.

Zooming in on the Netherlands, the report shows visitor numbers in 2023 increased by 12.4% compared to the first half of 2022.

The Kinepolis Group financial report can be read here.