Hollywood Bowl Group (BOWL) H2 2026 TU earnings summary

Executive summary

• FY26 revenue rose 4.3% to a record £261.6m, with growth from Canadian centre openings offsetting UK like-for-like pressure from record hot, dry weather.

• Adjusted PBT growth is expected to be in line with expectations; cost controls and dynamic pricing helped mitigate weather-related trading pressure.

Financial highlights

• FY26 UK revenue was £219.9m, up 3.5%; Canada revenue was £41.7m, up 9.0%.

• Full-year Group LFL revenue declined 1.0%; UK was down 1.4% and Canada grew 1.5%.

• Closing net cash was £13.5m.

Outlook and guidance

• FY26 Adjusted PBT is expected to grow in line with expectations; analyst consensus ranged from £48.0m to £53.2m, with a mean of £51.0m across eight analysts.

• Eight-centre UK and Canada pipeline is expected to expand the estate to 103 during FY27; target remains 130 centres by 2033.

• FY27 priorities include new centre openings and customer-facing upgrades, supported by cash generation and confidence in growth opportunities.