Technicolor sees underlying sales grow 4% in Q1 on broadband, video demand

Wednesday 12 May 2021 | 09:47 CET | News
Technicolor said its first-quarter results met expectations, putting it on track to deliver its full-year and 2022 targets. While revenues were down 3.7 percent to EUR 711 million, sales excluding currency effects were up 3.6 percent, thanks to strong demand for advanced broadband gateways and a growing order book for its Hollywood production business. Adjusted EBITDA rose 58.4 percent and jumped 71.7 percent at constant rates to EUR 43 million. 

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