Hollywood Bowl Group (BOWL) Trading Update summary

Trading performance and revenue

• Achieved record first half group revenue of £129.2m, up 8.4% year-on-year.

• UK revenue rose 4.7% to £108.2m; Canada revenue surged 40.8% (constant currency) to CAD 38.0m (£21.1m).

• Group like-for-like revenue grew 2.1%, with UK LFL up 1.3% and Canada LFL up 13.6%.

• December marked a record revenue month in both the UK and Canada.

Expansion and operational updates

• Opened three new UK centres and two in Canada, all performing in line with expectations.

• On track to open two more UK centres and start construction on a new Canadian centre in H2 FY2025.

• Completed six refurbishments across both geographies in H1 FY2025, with more planned.

• Targeting a total of 130 centres by 2035, with a strong development pipeline.

Financial position and shareholder returns

• Ended H1 FY2025 with net cash of £22.7m and an undrawn £25m revolving credit facility.

• Successfully completed a £10m share buyback, purchasing and cancelling 3,762,176 shares.

• Ongoing strong cash generation supports continued investment and shareholder returns.