Hollywood Bowl has reported like for like revenue growth of 4% for the six months ended 31 March 2018.
Group adjusted EBITDA was £20.7m, up 13.4%, while total reveue was £63.6m, up 9.3%.
The group opened two centres during the trading period, which it said were performing in line with expectations, increasing the total estate to 59
Hollywood Bowl has signed development deals in new leisure schemes in Swindon and Southend.
The group said the strong performance has driven by LFL sales growth from the core estate, contributions from new centre openings and the positive impact of its refurbishment and rebrand programme.
The group invested £0.7m rebranding two of the four remaining Bowlplex centres into Hollywood Bowl centres, with plans in place to rebrand the final two Bowlplex centres and one AMF centre in the second half of the year.
A £0.3m investment in the Hollywood Bowl in Bradford was completed in the first half, with at least one further refurbishment scheduled for the second half of the year.
Following a successful trial of ‘Pins on Strings’ technology in three centres, the new look pinsetter was installed into the new opening in Yeovil with plans to install into three other centres by the end of the current financial year.
Stephen Burns, chief executive, said: “Hollywood Bowl has produced another strong financial performance this period due to our continued progress in delivering against our strategic goals; the acquisition and opening of new centres that complement our already very high quality portfolio, creating modern, family friendly entertainment environments, and our refurbishment programme which has continued to drive organic like-for-like growth through the constant evolution of our customer experience.”
“This customer focus, combined with our disciplined capital and cost management, gives us confidence in delivering another year of progress, and reporting results in line with Board expectations.”