Shares in Hollywood Bowl jumped by over 16% after reporting an 8.1% year-on-year increase in its adjusted profit before tax, totalling £32.1m in the six months to 31 March.

In this period, the 10-pin bowling operator recorded a 9.5% revenue increase, which reached £141.5m, while its earnings after rent jumped by 8.9% to £42.2m.

Furthermore, its group like-for-like revenue increased by 2.3%, with UK LFL revenue rising by 2.6%. Spend per game also rose by 7.6%, growing in all categories.

However, LFL revenue in Canada dropped by 0.5% on a constant basis, as a result of snowstorms.

Hollywood Bowl stated that its balance sheet had remained “robust” in this period, maintaining “strong cost discipline” across the group.

As a result, it has proposed an interim dividend of 4.52 pence per share, marking a 10.2% on H1 2025.

In its outlook, the bowling operator said that it remains confident in reaching its target of 95 UK centres by 2035, and it has accelerated its Canada growth, by targeting 35 centres in the country by 3032, originally set at 2035.

The firm stated that it remains confident in delivering its expectations for the full year.

It has also announced a new £5m share buyback scheme, which will be launched in the second half of its financial year.

CEO at Hollywood Bowl, Stephen Burns, said the firm’s performance has been driven by “continued demand from customers” for its “high-quality and affordable leisure experiences”.

He concluded: "Our clear strategy and targeted investment programme are delivering. Multiple strategic initiatives are underpinning increased spend per game across our estate, and our new and refurbished centres in the UK and Canada are driving robust returns.

"Looking ahead, we are confident in delivering on expectations for FY26, as customer appeal for our value offer remains robust, and we continue to maintain a tight grip on costs. We have an exciting pipeline of centres for H2 and expect this to accelerate in FY27 and beyond, positioning us for sustainable profitable growth over the long-term."

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