Vista sees green shoots but has planned for the worst

Thu, 28 May 2020

Vista Group is starting to see a few green shoots of business revival but, when planning its recent $65 million capital raising, the company assumed cinemas globally would remain closed for the rest of 2020 followed by a slow reopening through 2021. "It was responsible to plan for that scenario," chair Kirk Senior told the annual shareholders' meeting, which was held virtually because of the coronavirus pandemic. "We simply don't know how and when governments will ease lockdown restrictions; we don't know if there will be further outbreak...

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