Hollywood Bowl reports 'strong' first-half revenue growth
Hollywood Bowl Group PLC on Tuesday announced ‘strong’ revenue growth for the six months ended March 31, and remains confident in its outlook for the financial year 2026.
The ten-pin bowling centre operator saw reported revenue growth to £141.5 million, up 9.5% from the first half of their financial year 2025, according to a trading update. Like-for-like revenue growth was at 1.9%
UK revenue grew 9.4% to £118.4 million, or a 2.6% like-for-like growth.
Revenue in Canada was up 13% to C$42.9 million, or 0.5% in like-for-like terms, when reviewing in Canadian dollars to allow for the disaggregation of foreign currency effect.
The Hemel Hempstead-based company noted its high gross margins, which make it ‘well-insulated against inflationary pressures,’ as well as a net cash position of £26.0 million with an undrawn £25 million revolving credit facility.
Stephen Burns, Chief Executive Officer, said: ‘The benefits of the investments made throughout the UK and Canadian estate, combined with proactive demand generation initiatives and disciplined cost management, are reflected in our strong first-half performance. Demand for high-quality, family leisure activities that offer great value for money also remains resilient in both territories, and our cash generative business model allows us to invest where we see opportunities and deliver profitable growth.’
Hollywood Bowl also gave notice that it will report its interim results on May 27.
Shares in Hollywood Bowl were up 5.1% to 278.00 pence on Tuesday morning in London.
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