2012 Profit Track 100
Rank: 77 Vue Entertainment
Opened a 17-screen all-digital cinema at Stratford in east London last September
Vue Entertainment founder and chief executive Tim Richards set up the business in 2003 when his company, SBC International Cinemas, bought 36 cinemas from Warner Villages for £250m. The firm is majority owned by private-equity house Doughty Hanson and now has 70 cinemas in Britain and Ireland, including the 17-screen all-digital venue that opened at the Westfield shopping centre, adjacent to the London Olympic Park in Stratford, east London, last September. Vue, headquartered in Chiswick, west London, was boosted by a record year for British cinemas two years ago and profits rose 50% a year, from £11.3m in 2007 to £38.1m in 2010.
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Vue Entertainment founder and chief executive Tim Richards set up the business in 2003 when his company, SBC International Cinemas, bought 36 cinemas from Warner Villages for £250m. The firm is majority owned by private-equity house Doughty Hanson and now has 70 cinemas in Britain and Ireland, including the 17-screen all-digital venue that opened at the Westfield shopping centre, adjacent to the London Olympic Park in Stratford, east London, last September. Vue, headquartered in Chiswick, west London, was boosted by a record year for British cinemas two years ago and profits rose 50% a year, from £11.3m in 2007 to £38.1m in 2010.
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Company facts
Vue Entertainment
Cinema operator
Company website
| Profit growth | 49.91% pa |
| 2010 profit | £38.1m |
| 2007 profit | £11.3m |
| 2010 staff | 3,234 |
| Founded | 2003 |
| Location of HQ | West London |
| If applicable: * = annualised figures ‡ = draft accounts |
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