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EVT (ASX:EVT) said Event Cinemas Miranda has partnered with Imax to open a new Imax theater with Laser cinema in December, becoming EVT's second Imax location in Sydney and fourth in Australia as part of its strategy to offer premium entertainment, according to a Thursday statement.The new Imax will open in time for the release of the Dune movie, which has selected scenes filmed for Imax, the company added.
EVT (ASX:EVT) has identified about AU$800 million of non-core property assets for potential divestment over the next three years, according to a Monday Australian bourse filing.Key assets include Sydney's George and Market Street precinct, where development approval has boosted its value, and 525 George Street, which is already being marketed for sale, per the filing.The portfolio also includes selected hotels and two small freehold properties in Germany, with sales to be pursued on a value-first basis, subject to market conditions, the filing said.Proceeds are expected to fund hotel expansion and potentially support special dividends, the filing added.The company's shares rose around 10% in recent Monday trade.
(Updates to add stock movement in headline and first paragraph)EVT (ASX:EVT) shares rose nearly 10% in morning trade Monday after logging AU$0.311 in earnings per share for fiscal 2026, compared with AU$0.203 a year ago.For the 12 months ended June 30, total revenue and other income was AU$1.32 billion versus AU$1.25 billion previously, the Australia-listed leisure and hospitality company added.The board declared a final dividend of AU$0.23 per share, up from AU$0.22 a year earlier, payable Sept. 24 to shareholders on record as of Sept. 10.The company expects its hotels segment to deliver another earnings before interest, taxes, depreciation, and amortization (EBITDA) record year in fiscal 2027, and the entertainment business to deliver "strong" first half EBITDA growth. The company's Threbdo unit is expected to post lower fiscal 2027 EBITDA.
EVT (ASX:EVT) logged AU$0.311 in earnings per share for fiscal 2026, compared with AU$0.203 a year ago, a Monday filing showed.For the 12 months ended June 30, total revenue and other income was AU$1.32 billion versus AU$1.25 billion previously, the Australia-listed leisure and hospitality company added.The board declared a final dividend of AU$0.23 per share, up from AU$0.22 a year earlier, payable Sept. 24 to shareholders on record as of Sept. 10.The company expects its hotels segment to deliver another earnings before interest, taxes, depreciation, and amortization (EBITDA) record year in fiscal 2027, and the entertainment business to deliver "strong" first half EBITDA growth. The company's Threbdo unit is expected to post lower fiscal 2027 EBITDA.
EVT (ASX:EVT) began rolling out technology for guests to receive digital keys for their hotel rooms, stored in Apple Wallet or Google Wallet accounts, after they check in, according to a Friday statement.The technology is currently available for guests staying at QT Sydney, and will be rolled out to EVT's QT, Rydges, Atura, and LyLo properties over the next year.
EVT's (ASX:EVT) Thredbo Resort in New South Wales achieved EarthCheck platinum destination certification, becoming the first tourism location in the Asia-Pacific region to do so, according to a Tuesday statement.The resort achieved the milestone after delivering improvements across energy, waste, biodiversity, and community engagement over a 10-year period, including a transition to 100% renewable electricity, the company said.
EVT's (ASX:EVT) medium-term growth is driven by high-margin managed hotel agreements, plus a cinema rebound in the near-term, with the property portfolio anchoring EVT's valuation, Jarden said in a Thursday note.EVT runs three main divisions, hospitality, entertainment, and leisure, underpinned by an around AU$2.3 billion property portfolio.It forecast a fiscal year 2026 earnings before interest, taxes, depreciation, and amortization (EBITDA) growth of 3% to AU$166 million, weighed down mostly by hotel refurbishments. In fiscal year 2027, an unwinding of the refurbishments, additional contribution from EVT Connect, and a healthy film slate supports 12% growth to AU$187 million.The investment firm downgraded EVT to overweight from buy and cut the price target to AU$14.80 per share from AU$16.62 per share.
Here are the ASX-listed companies with the biggest losses on Friday.Electro Optic Systems Holdings (ASX:EOS): -6%, AU$8.38Pro Medicus (ASX:PME): -5%, AU$199.56Tamboran Resources (ASX:TBN): -4%, AU$0.23Elevra Lithium (ASX:ELV): -4%, AU$8.67Austal (ASX:ASB): -4%, AU$3.77EVT (ASX:EVT): -3%, AU$12.33Telix Pharmaceuticals (ASX:TLX): -3%, AU$16.36Marimaca Copper (ASX:MC2): -3%, AU$7.51SiteMinder (ASX:SDR): -3%, AU$3.79Codan (ASX:CDA): -3%, AU$43.25
EVT (ASX:EVT) EVT, owners of Event Cinemas, said it has added four new SCREENX locations, expanding its multi-year partnership with CJ 4DPLEX, a producer of premium cinema formats and immersive theater experiences, according to a Friday statement.The company said the new SCREENX locations will open at Event Cinemas Bondi in Australia and Event Cinemas Albany in New Zealand, with a third and fourth Australian location to be announced.SCREENX is a multi-projection cinema format that expands select scenes of a film beyond the traditional frame and onto the side walls of the theater to create a 270-degree panoramic viewing environment, the statement added.
EVT (ASX:EVT) said Velocity Frequent Flyer launched a partnership with Event Cinemas and Village Cinemas, under which members can earn a Velocity point per eligible AU$1 spent on Velocity movie tickets and candy bar purchases and redeem points instantly using the points + pay system, according to a Thursday statement.Movie tickets are available from 2,000 Velocity points, and the partnership launched at 70 cinema locations and over 600 screens across Australia.Its shares rose 1% in recent trading on Thursday.
EVT's (ASX:EVT) Connect Hospitality secured a management agreement for Sage James Street Brisbane, a 93-room hotel in Brisbane, Queensland, according to a Thursday statement from the company.The agreement reflects the continued momentum in Connect Hospitality's asset light growth strategy, said Mat Duff, EVT's director of Commercial and Connect Hospitality.
Here are the 10 ASX-listed companies with the biggest losses on Monday.Wisetech (ASX:WTC): -3%, AU$42.79NexGen Energy (ASX:NXG): -3%, AU$17.26Telix Pharmaceuticals (ASX:TLX): -2%, AU$14.47Cochlear (ASX:COH): -2%, AU$94.76Paladin Energy (ASX:PDN): -2%, AU$12.28Origin Energy (ASX:ORG): -2%, AU$12.44EVT (ASX:EVT): -2%, AU$12.44Tuas (ASX:TUA): -2%, AU$5.97Ramsay Health Care (ASX:RHC): -2%, AU$39.15Southern Cross Gold (ASX:SX2): -2%, AU$11.07
EVT (ASX:EVT) expects a marginal year-on-year increase in fiscal 2026 normalized earnings before interest, taxes, depreciation, and amortization (EBITDA) from its hotels segment, according to a Friday Australian bourse filing.The company noted that the Easter trading period showed emerging weakness in demand, particularly impacting "drive" destinations, including the Snowy Mountains region of New South Wales.Meanwhile, the Middle East crisis has had a limited impact to date, the company said. Cancellations from international inbound guests were largely offset by displaced international guests and domestic demand driven by events.However, signs of softening are emerging in forward demand from international inbound guests, corporate travel, and conference and events, with shorter booking lead times emerging, the company added.In entertainment, the company anticipates "reasonable" growth in fiscal 2026 from the prior year, assisted by the strong year-to-date result from CineStar in Germany.However, the result has been impacted by the closure of the Bondi cinema for refurbishment and water damage at the Manukau site in Auckland.Finally, Thredbo fiscal 2026 normalized EBITDA is expected to range from AU$22 million to AU$23 million, subject to fuel cost impacts on drive tourism and winter weather conditions in June, per the filing.
