UPDATE 1-Lackluster The UK and Ireland show draws shares of Cineworld



(Adds an analyst commentary, earnings in the UK and Ireland, stocks)

February 15 (CET) – Cineworld Group Plc's weak performance in Britain and Ireland, and the unchanged outlook until 2018, has soared this year by raising revenue, and posted more than 6 percent on Thursday.

Cineworld, which is preparing to issue big tickets this year, such as "The Fantastic Beast: Grindelwald Crimes" and "Aquaman", said it would be in line with its current expectations for the year.

The company's revenue grew by 11.6 percent this year, up 11.6 percent, backed by the success of Black Panther and Avengers: Infinity War, and said European markets saw growth in the second half of the year, including Mamma Mia Here We Go Again, "" Incredibles 2 "and" Bohemian Rhapsody "in the UK.

Revenue in the UK and Ireland grew by only 2.1 percent this year, compared with 5.9 percent last year.

The company in London said the expected plans for the British cinematographic chain Regal, which it bought for $ 3.6 billion last year, were doing well and that it is continuing to review other opportunities for integration benefits.

"For this year, these factors (the strong US and Regal) outweigh the impact of British and Continental European trading just behind, as well as rising debt costs," said Peel Hunt analysts.

Chiswick shares in London fell 4 percent to 285 pence by 0851 GMT after touching a low 276.8 percent earlier and the third largest defeat of the FTSE Midcap Index. (News by Muvi M and Shashwat Awasthi in Bengaluru, Edit by Saumyadeb Chakrabarty and Gopakumar Warrier)

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