Hollywood Bowl Group has announced that its pre-tax profits have beaten pre-pandemic levels following revenue growth across all divisions.
In the company’s final results for year ending 30 September 2022, it recorded a pre-tax profit of £46.7m, up 69 per cent on the same period in 2019.
Total dividend per share stood at 13.53p, a 22 per cent rise from 2019. No dividend was paid in 2021.
Revenue also rose to £193.7m from £71.9m, mainly driven by increases in footfall and spend following the pandemic.
The company has been investing in its locations, adding additional lanes and opening three new centres.
Stephen Burns, CEO at Hollywood Bowl Group, said: “I am delighted with our excellent performance and record revenue this year, which demonstrates the continued success of our proven customer-led strategy. It is also testament to the significant efforts of our team who have provided consistently great, affordable experiences, appealing to customers facing increasing pressures during the cost of living crisis.”
