EVT Unveils Property Sales Plan With Fiscal 2025 Interim Result

EVT earnings are generated from cinemas, hotels, the Thredbo ski resort, and a portfolio of property investments. The cinema unit, labeled as the entertainment segment, is dependent on discretionary expenditure and popularity of films from studios, both Hollywood and foreign markets. The emergence of home entertainment systems, broadband-enabled streaming services and the shortening of the release window from film to home format pose an earnings risk longer term. Cinema exhibitors such as EVT are focused on enhancing the moviegoing experience as a point of difference.