15 May 2019 – trading statement

Trading in the period from 1 January to 12 May was in line with expectations.  As anticipated, the box office performance for the reported period was lower than the comparative period in 2018 reflecting the difference in the timing of major releases.  Over the past three weeks, all markets have seen a record performance driven by record-breaking Avengers: Endgame which has grossed over US$2.5bn globally to date.  A strong line up of films is expected for the remainder of the first half and we remain confident that longer term prospects are solid.  The shares remain a BUY.