AMC ENTERTAINMENT HOLDINGS, INC.
Climate Impact & Sustainability Data (2024-03)
Reporting Period: 2024-03
Environmental Metrics
Climate Goals & Targets
Environmental Challenges
- Supply chain disruptions
- Writers Guild of America strike and the Screen Actors Guild – American Federation of Television and Radio Artists strike negatively impacting box office
- Unsustainable cash burn rates
- North American box office grosses down approximately 32% for the three months ended March 31, 2024, compared to the three months ended March 31, 2019.
Mitigation Strategies
- Debt for equity exchange transactions to lower future interest expense and enhance liquidity through equity issuances
- Seeking to retire or purchase outstanding debt through cash purchases and/or exchanges for equity or debt