Cinemark: A Cinema Experience in the Growth Phase

Cinemark was able to achieve remarkable results during the third quarter of 2024, once again demonstrating the vitality and strength of the cinema industry. Box office revenues in North America reached an astounding 2.7 billion dollars, representing a 1% increase compared to the previous year. This success is all the more impressive as the past year was marked by the "Barbenheimer" phenomenon. The company even exceeded its own expectations concerning capital distribution based on fundamentals, strategic programming, and an unparalleled cinema experience. A notable milestone of the quarter was "Inside Out 2," which established itself as the highest-grossing animated film in history with a global box office of nearly 1.7 billion dollars. Equally impressive are the results of "Deadpool & Wolverine," which became the most successful R-rated film of all time. In addition to these box office hits, films like "Despicable Me 4," "Twisters," and "Beetlejuice Beetlejuice" also contributed to cinema revenues. Through savvy operational measures, strategic film selection, and a strong team, Cinemark was able to surpass its competitors. The international presence grew beyond industry expectations, particularly in Latin America, leading to global revenues of 922 million dollars—the highest quarterly result in the company’s history. The ongoing commitment to strategic initiatives, attributed to long-term investments and the expansion of high-quality assets, continues to secure unique advantages for Cinemark in the industry. With over 21 million members in loyalty programs worldwide and a robust communication reach, Cinemark can continuously enhance its dialogue with customers and increase visitor frequency. A promising year 2025, with anticipated blockbusters like "Wicked" and "Gladiator 2," promises a further recovery of the industry. Despite challenges such as the pandemic, the cinema industry has once again proven to be resilient, demonstrating that consumer interest in the big screen remains unbroken. In this dynamic environment, Cinemark remains focused on delivering unforgettable experiences for a global audience.