Cineworld, Aston Martin, JD Sports: Morning Roundup

Friday’s morning roundup includes the latest news from Cineworld, Aston Martin, and JD Sports. Read more to find out what’s moving London-listed stocks.

Cineworld

  • Cineworld revenue jumped 417% to $1.52 billion.
  • The group saw a loss before tax of $364.9 million.
  • Admissions in 2023 and 2024 are expected to be below pre-pandemic levels.

Aston Martin

  • Aston Martin announced the successful completion of its £654 million equity capital raise.
  • The capital raise allows the company to both meaningfully deleverage its balance sheet and strengthen long-term growth.
  • Aston Martin shares are up 3.23%.

JD Sports

  • JD and Nike launch connected partnerships to unlock unprecedented access to member-exclusive products.
  • Its rewards program gives customers priority access to select Nike member reclusive products, experiences, and offers.
  • The collab will expand JD’s Nike product offering and enhance both company’s omnichannel experience.

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