Cineworld’s profits make pleasant viewing
A CINEMA chain has reported a rise in full-year profits thanks to a number of major film releases in 2012.
Cineworld, which has screens in Chesterfield and Burton, saw pre-tax profits in the year to December 27, increase by 15.3% to £38.5 million.
Blockbusters including the James Bond film Skyfall and Batman movie The Dark Knight Rises helped Cineworld increase sales by £10.7 million, to £358.7 million.
Chief executive Stephen Wiener said: “The new year has started well and in line with our expectations.
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“There is an attractive release schedule for the year which we expect to play well with our differentiated programming strategy.
“In addition, there is little in the way of major events to distract cinema goers.”