IE 11 is not supported. For an optimal experience visit our site on another browser.

Cineworld expects fewer movie-goers during soccer World Cup

(Reuters) - Cineworld Group Plc, Britain's largest cinema operator, said it expects the soccer World Cup this summer to have a "negative impact" on admissions to its cinemas.
/ Source: Reuters

(Reuters) - Cineworld Group Plc, Britain's largest cinema operator, said it expects the soccer World Cup this summer to have a "negative impact" on admissions to its cinemas.

Shares in Cineworld were down 1.2 percent at 338.25 pence in early trading on the London Stock Exchange on Thursday.

Cineworld reported a 34 percent jump in revenue for the 18 weeks to May 1, as more people visited its cinemas and paid more for their tickets.

(Reporting by Aastha Agnihotri in Bangalore; Editing by Robin Paxton)