In its first results as a listed operator, Hollywood Bowl, has reported like-for-like sales up 6.8%, with total sales growing 23.9% to £106.6m.
The group said the introduction of Hollywood Diner has increased food spend of customers on-site over FY2016 by 19% year-on-year against the rest of the estate.
Total average spend per game increased YOY 6.3%.
During the year to 30 September, the group recorded adjusted EBITDA up 42.6% to £29.4m.
Chief executive Stephen Burns said: “We are really pleased to report our maiden results as a listed business. It has been a transformational year for Hollywood Bowl. Listing on the stock market is an important step in the development of the business but it reflects on the strength of the business and the whole Hollywood Bowl team that at the same time we have also delivered a strong business performance. We continued to invest in and enhance the customer proposition meaning we have given millions of customers a great experience. By making sure we continue to focus on what our customers want, we are confident that Hollywood Bowl has a promising future as a listed business.
“The new financial year has started well and in line with the Board’s expectations. From October through to the Easter holidays is a key trading period for any indoor leisure-based business and we have been pleased with the performance to date.”
