Strong show for cinema chain

When the going gets tough, we go to the cinema, it seems. Cineworld, the listed cinema group, has reported box office income up by 19.1 per cent and revenues up 13.2 per cent in the 17 weeks to April 23, offsetting a fall in advertising. Chief executive Steve Wiener said: “The overall figures demonstrate the resilience of our business in the current economic and financial climate. With an attractive lineup of film releases in the second half, we remain confident in the outlook for the year as a whole.”

    Last updated: 12:13pm, May 7 2009