Utopia Group
Encyclopedia
Utopia Group SA is a Luxembourg
ian cinema
chain that owns and operates cinemas located predominantly in Belgium
, Luxembourg
, and the Netherlands
. The company operates most of its cinemas under the brand name of Utopolis. , in addition to the fifteen located in the Low Countries
, there is a Utopia cinema in Longwy
, on the French
side of the Franco-Luxembourgian border. The company was formed on 6 September 2002 as a result of the merger between Luxembourg's Utopia SA and the Dutch Polyfilm BV.
In 2005, the company sold 3.48m tickets across its theatres; this was down by 10% over 2004. The company's sales
of €33.3m was divided roughly equally between its three main markets. From profits of €1.5m in 2004, the company made a pre-tax loss of €0.9m in 2005 as a result of declining turnover. The largest single shareholder is Utopia Management S.A. (46.3%), followed by Audiolux (27.2%), and Sofindev (8.9%), with the remaining shares listed on the Luxembourg Stock Exchange
.
Utopia's flagship cinema is the Utopolis Kirchberg
, located in Luxembourg City.
Luxembourg
Luxembourg , officially the Grand Duchy of Luxembourg , is a landlocked country in western Europe, bordered by Belgium, France, and Germany. It has two principal regions: the Oesling in the North as part of the Ardennes massif, and the Gutland in the south...
ian cinema
Movie theater
A movie theater, cinema, movie house, picture theater, film theater is a venue, usually a building, for viewing motion pictures ....
chain that owns and operates cinemas located predominantly in Belgium
Belgium
Belgium , officially the Kingdom of Belgium, is a federal state in Western Europe. It is a founding member of the European Union and hosts the EU's headquarters, and those of several other major international organisations such as NATO.Belgium is also a member of, or affiliated to, many...
, Luxembourg
Luxembourg
Luxembourg , officially the Grand Duchy of Luxembourg , is a landlocked country in western Europe, bordered by Belgium, France, and Germany. It has two principal regions: the Oesling in the North as part of the Ardennes massif, and the Gutland in the south...
, and the Netherlands
Netherlands
The Netherlands is a constituent country of the Kingdom of the Netherlands, located mainly in North-West Europe and with several islands in the Caribbean. Mainland Netherlands borders the North Sea to the north and west, Belgium to the south, and Germany to the east, and shares maritime borders...
. The company operates most of its cinemas under the brand name of Utopolis. , in addition to the fifteen located in the Low Countries
Low Countries
The Low Countries are the historical lands around the low-lying delta of the Rhine, Scheldt, and Meuse rivers, including the modern countries of Belgium, the Netherlands, Luxembourg and parts of northern France and western Germany....
, there is a Utopia cinema in Longwy
Longwy
Longwy is a commune in the Meurthe-et-Moselle department in north-eastern France.The inhabitants are known as Longoviciens.-Economy:Longwy has historically been an industrial center of the Lorraine iron mining district. The town is known for its artistic glazed pottery.-History:Longwy initially...
, on the French
France
The French Republic , The French Republic , The French Republic , (commonly known as France , is a unitary semi-presidential republic in Western Europe with several overseas territories and islands located on other continents and in the Indian, Pacific, and Atlantic oceans. Metropolitan France...
side of the Franco-Luxembourgian border. The company was formed on 6 September 2002 as a result of the merger between Luxembourg's Utopia SA and the Dutch Polyfilm BV.
In 2005, the company sold 3.48m tickets across its theatres; this was down by 10% over 2004. The company's sales
Sales
A sale is the act of selling a product or service in return for money or other compensation. It is an act of completion of a commercial activity....
of €33.3m was divided roughly equally between its three main markets. From profits of €1.5m in 2004, the company made a pre-tax loss of €0.9m in 2005 as a result of declining turnover. The largest single shareholder is Utopia Management S.A. (46.3%), followed by Audiolux (27.2%), and Sofindev (8.9%), with the remaining shares listed on the Luxembourg Stock Exchange
Luxembourg Stock Exchange
The Luxembourg Stock Exchange is a stock exchange based in Luxembourg City, in southern Luxembourg.The Exchange is located on avenue de la Porte-Neuve,...
.
Utopia's flagship cinema is the Utopolis Kirchberg
Utopolis Kirchberg
The Utopolis Kirchberg is a multiplex cinema in Luxembourg City, in southern Luxembourg, owned and operated by the Utopia Group. It is located on the Avenue John Fitzgerald Kennedy in the Kirchberg quarter, in the north-east of the city...
, located in Luxembourg City.