Vista Group
(ASX:VGL) has reported a 37 per cent lift in operating profit to $11 million for the first half of 2018.
The cinema management company’s total revenue lifted almost 20 per cent on the prior corresponding period to $60 million.
Its earnings (EBITDA) increased 27 per cent on the same time last year, to $13 million.
The company declared an interim dividend of 1.6 cents per share which is a 33 per cent higher than the previous interim dividend.
Vista says the strong first half was boosted by key new business in 2 new territories, with the signing of Aeon in Japan and Pathe France.
Shares in Vista
(ASX:VGL) closed flat at $3.70 yesterday.
