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Technicolor returns to positive revenue growth in H2, posts 19% drop in EBITDA

Thursday 28 February 2019 | 14:49 CET | News
Technicolor's financial results improved in the six months to December, after a difficult first half. H2 revenues from continuing operations rose 3.4 percent at constant currency to reach EUR 2.22 billion, recovering from the 9.3 percent drop posted in H1 2018. The adjusted EBITDA result of EUR 194 million was down 19 percent year-on-year, while increasing sequentially from EUR 57 million in H1. Free cash flow improved to EUR 94 million, from an outflow of EUR 150 million in the first half.

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Categories: Broadcast & Satellite / Internet
Companies: Technicolor
Countries: World
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