**Summary**
Hollywood Bowl Group plc, the UK and Canadas largest ten-pin bowling operator, reported strong half-year results for the six months ended 31 March 2026. Key highlights include
**Revenue Growth** Revenue increased by 9.5% to ยฃ141.5 million, driven by a 2.3% like-for-like revenue growth, with the UK up 2.6% and Canada up 0.5% (constant currency).
**Profitability** Group Adjusted EBITDA after rent rose by 8.9% to ยฃ42.2 million, and Group Adjusted PBT increased by 8.1% to ยฃ32.1 million. Adjusted EPS grew by 11.3% to 14.51p.
**Dividend** The interim dividend was raised by 10.2% to 4.52p per share.
**Expansion** The Group is on track with its expansion plans, targeting 95 centers in the UK by 2035 and accelerating its Canadian expansion to 35 centers by 2032.
**Operational Efficiency** Continued focus on cost control, with UK labor to revenue ratio below 20% and 76% of electricity hedged to the end of FY29.
**Strategic Initiatives** Dynamic pricing, AI-driven marketing, and investment in F&B and amusements are enhancing the customer experience and driving spend per game.
**Outlook** The Group remains confident in delivering on FY26 expectations, with two new UK centers and one Canadian center opening in H2 FY26, and an accelerated pipeline for FY27.
The results reflect the Groups resilient business model, strategic investments, and strong operational execution, positioning it well for sustainable growth and shareholder value creation.
### Year-on-Year Financial and Debt Comparison:
1. **Revenue Growth**: Revenue increased by 9.5% from ยฃ129.2m in H1 FY25 to ยฃ141.5m in H1 FY26, driven by new center openings and like-for-like growth.
2. **Like-for-Like (LFL) Growth**: Total LFL revenue growth was 2.3% in H1 FY26 compared to 1.6% in H1 FY25. UK LFL growth improved to 2.6% from 1.3%, while Canada LFL growth declined to 0.5% from 3.7% due to snowstorms.
3. **Adjusted EBITDA and PBT**: Group Adjusted EBITDA after rent grew by 8.9% to ยฃ42.2m, and Group Adjusted PBT increased by 8.1% to ยฃ32.1m, reflecting strong operational performance.
4. **Profitability**: Reported Profit before tax decreased by 3.9% to ยฃ27.2m, and Reported Profit after tax decreased by 5.3% to ยฃ19.5m due to one-off non-cash costs.
5. **Net Cash**: Net cash increased by 14.3% to ยฃ26.0m, supported by strong cash generation and disciplined capital allocation.
6. **Debt**: The Group maintained a robust balance sheet with an undrawn RCF of ยฃ25.0m and no outstanding loan balances, indicating low debt levels.
7. **Dividend and Share Buyback**: The interim dividend increased by 10.2% to 4.52p per share, and a ยฃ5m share buyback program was announced for H2 FY26. This table and summary highlight the key financial and debt metrics, showing overall growth and stability in Hollywood Bowl Group plc's performance year-on-year.