Vista Group International Limited (NZX & ASX:VGL) provides an update on the progress of their business in the second half of 2021.
The global box office has rebounded strongly, with blockbuster releases exceeding industry expectations.
Despite the emergence of the Omicron strain of COVID-19, the outlook for the 2022 box office remains positive.
Trading is strong, with no customers entering into chapter 11 or equivalent processes.
Vista Group remains on track to achieve their revenue guidance of between $95-100m for the full year and to be EBITDA and cash flow positive over the second half of the year.
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