Vista Group International (ASX:VGL) Announces New Agreement with Odeon Cinemas Group
New Agreement Details
Vista Group International Limited (ASX:VGL) has signed a five-year agreement with Odeon Cinemas Group to transition their UK and European circuits to the full Vista Cloud offering. The deal covers over 2,448 screens across 309 sites, including all owned and most managed sites outside the USA. The rollout will begin with Finland’s Finnkino circuit, with 17 sites going live in H2 2025, followed by the UK and Ireland’s 114 sites in 2026.
Executive Comments
Stuart Dickinson, Chief Executive Officer, said: “This significant move underscores Odeon Cinemas Group’s confidence in our technology and strategic direction. Odeon Cinemas Group is a real force in the industry and this transition is a testament to the robust capabilities and future-proof nature of our solutions. It is the latest example of how we are effectively executing our strategy to provide remarkable solutions that meet our clients’ evolving needs.”
Motley Fool contributor Abbie Stokes has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended Vista Group International. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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