Cineworld: Les Miserables Boosts Profit
Cineworld has reported a pre-tax profit rise of 24.1% for the first half of the year.
The cinema chain made £16.5m in the 6 months to June, driven by increased box office sales which were up 10.5% to £131m.
That comes as the company's average ticket price rose while admissions also increased.
The company said box office takings continued to grow, with the top ten highest grossing films accounting for over 40% of its total.
Les Miserables, which pulled in more than £40m nationally, was said to underpin the success supported by other good film performances including Iron Man 3, The Croods and Star Trek Into Darkness.
The continued screening of 2012 releases such as The Hobbit: An Unexpected Journey and Life of Pi also contributed to the company's strong performance.
Cineworld said its strategy to show a diverse range of films helped too.
The cinema remained the leading exhibitor of Bollywood films with a box office market share of more than 50% in the UK.
Chief executive Stephen Wiener said that despite tough times, the industry remained strong.
"Once again our results show that cinema is a resilient investment in challenging economic times with a number of growth opportunities."
However, he added that the company faces a tougher fourth quarter compared to last year due to the success of Skyfall during that period.
The latest Bond film was the highest grossing film of all time at the British box office earning around £103m in the UK.