Cineworld ready for recovery following “strong” UK opening weekend

Cinema giant Cineworld is optimistic about its recovery following COVID-19 after a “strong” opening weekend.

The group has reported that its opening weekend in the UK went “beyond expectations”, led by the release of Peter Rabbit 2: The Runaway and strong concession income.

The brand, which closed its UK cinema network during the pandemic, hopes that the strong performance continues - with customers returning to the big screen as restrictions continue to ease.

Mooky Greidinger, Cineworld CEO, commented: “We are thrilled to have our cinemas back in business in the…UK and to welcome movie fans back to the big screen for an exciting and full slate of films.

“We are especially pleased with the warm welcome our employees have received, and the positive feedback from returning guests. With the releases next week of Cruella, and A Quiet Place 2, we expect next weekend’s results to be strong.

“When combined with improving consumer confidence and the success of the vaccination rollout, we expect a good recovery in attendance over the coming months, noting the record breaking success of F9 in the Asian market.

“We are excited for our customers to experience the magic of big screen entertainment again, all made possible by the hard work of our colleagues around the world, and remain committed to be the best place to watch a movie.”