Cinema City's ticket sales in Poland down by 7.9% y/y in Q1.

By bne IntelliNews May 20, 2011
Cinema City International (CCI) sold 4.478mn tickets in Poland in Q1/2011, which is a decline by 7.9% y/y, the company has announced in its presentation for investors. Globally, CCI sold 9.071mn tickets in Jan-Mar, 2011, which is fall of 2.7% y/y. Earlier, ticket sales data were Publisher by CCI's competitors, including Helios (from media group Agora), whose Q1/2011 sales inched up to 2.5mn from 2.4mn a year before. The average ticket price fell by 11% y/y to PLN 16.8. Cinema City reported that its ticket prices in Polish cinemas fell by 7.1% y/y to PLN 18.30 on the average in Q1/2011. In euro terms, the average price was down by 6.0% to EUR 4.63, while CCI's global average ticket price was EUR 4.51. Cinema City International is the largest multiplex cinema operator in Central & Eastern Europe and in Israel. The company operates 94 multiplexes with 887 screens, in 7 countries (Poland, the Czech Republic, Hungary, Romania, Bulgaria, Slovakia and Israel). ISB

Related Articles

EC refers Poland to court for delay on renewable energy rules.

The European Commission is referring Poland (and Cyprus) to the Court of Justice of the European Union for failing to fully transpose EU's Renewable Energy Directive, according to the ... more

ZEW Economic Sentiment Indicator for Poland surges to 42.9pts in February.

The ZEW-Erste Group Bank Economic Sentiment Indicator for Poland (economic expectations) surged by 22.3pts m/m to 42.9pts in February, according to a report by the Center for European Economic ... more

FinMin: Poland to inject EUR 5.5bn of FX reserves to ECB upon euro-zone entry.

When Poland joins the euro-zone, it will have to transfer EUR 5.47bn of its foreign-currency reserves to the European Central Bank, according to a statement by the ministry of finance. The ... more

Notice: Undefined index: subject_id in /var/www/html/application/controllers/IndexController.php on line 335