
Hollywood Bowl Group plc
("Hollywood Bowl" or the "Group")
Trading update for the year ended 30 September 2025 and Notice of Results
RECORD REVENUES AND EBITDA
WITH CONTINUED EXPANSION IN UK AND CANADA
Hollywood Bowl, the UK and Canada's largest ten-pin bowling operator, announces a trading update for the financial year ended 30 September 2025 (FY2025).
Highlights
Financial
· Record revenues of £250.8m, up 8.9% compared to FY2024
o UK total revenue up 6.4% on FY2024, to £212.4m
o Canada revenue up 32.8% on a constant currency basis1, to CAD 70.0m (£38.4m)
· Total Group like-for-like (LFL)2 revenue growth of +0.6%, +1.3% on a constant currency basis
o UK total LFL: +1.1%, with UK bowling centres LFL of +1.3%
o Canada total LFL: +3.2%, with Canada bowling centres LFL of +0.8%, on a constant currency basis
· The Group expects to report EBITDA in line with market expectations3
· Robust balance sheet continues to offer significant capital flexibility
o £37m capex invested in estate expansion and centre enhancements
o Successful completion of £15m share buyback in the year
o Net cash position on 30 September 2025 of £15.2m
o Undrawn £25m revolving credit facility
Strategic Progress
· New prime location centres opened: 5 UK and 2 Canada
· Refurbishments completed: 5 UK and 7 Canada
· Group centre portfolio: 77 UK (FY2024: 72) and 15 Canada (FY2024: 13)
· Strong new centre pipeline for FY2026 and beyond: on track to achieve 130 centres by 2035
· The Group remains confident in the outlook for the Group in FY2026 and beyond
Stephen Burns, Chief Executive Officer, said:
"We are very pleased with our full-year performance, both financially and operationally. We have again demonstrated the success of our proven, customer-led strategy and differentiated business model by delivering record revenues and further profitable growth. Our motivated and engaged teams consistently delivered high quality customer experiences which resulted in increased dwell time and record levels of positive customer feedback.
We have continued to drive strong returns through ongoing investment in our centres and the expansion of our estate in prime locations in the UK and Canada and we have an exciting pipeline of new centres that continues to grow. The strong cash generative nature of our business means we are well-placed to continue investing in the size and quality of our estate and to continue to enhance the customer experience through our service standards and the use of digital technology to drive returns. We remain confident in the long-term growth opportunities in the UK and Canada."
Notice of Results
The Group expects to publish its final results for FY2025 on 16 December 2025.
Note:
1. When reviewing in Canadian Dollars (CAD) to allow for the disaggregation of foreign currency effect. Canada revenue includes Striker Bowling Solutions and Striker Installations (bowling equipment supply, installation and maintenance) and bowling centres.
2. Like-for-like (LFL) revenue growth is total revenue excluding any new centres and closed centres. New centres are included in the LFL revenue after they complete the calendar anniversary of their opening date. Closed centres are excluded for the full financial year in which they were closed.
3. Based on company compiled consensus average of analysts' expectations for FY2025 where revenue is £248.0m (range £246.0m - £250.6m) and adjusted EBITDA pre IFRS 16 is £68.0m (range £66.9m - £70.8m).
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.