Hollywood Bowl shares fall as company reports pretax profit decline By Investing.com
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 17 2024
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Source: Investing.com
Financial Performance: Hollywood Bowl Group PLC reported a decline in pretax profit to £42.8 million for the fiscal year ending Sept. 30, despite an increase in revenue to £230.4 million, driven by strong customer demand and operational performance.
Future Outlook: The company remains optimistic about its growth strategy, having added eight new centers and forecasting continued expansion, while also proposing a slightly lower final dividend of 8.08 pence per share.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
