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Technicolor Reports 2012 Net Loss

Light Reading
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Light Reading
2/22/2013
50%
50%

FY 2012 Financial Highlights

  • Revenue growth at constant scope and currency: up 2.2% at €3.5 billion, driven by Connected Home and Technology.
  • Adjusted EBITDA at €512 million, exceeding objectives.
  • Net profit of €17 million excluding EU antitrust fine; net loss of €22 million including €38.6 million EU antitrust fine.
  • Group Free cash flow up 31% at €106 million, exceeding objectives.
  • Net debt at nominal value (non IFRS) at €839 million at December 31, 2012, a reduction of €291 million compared to end December 2011. H2 2012 Financial Highlights
  • Group revenues up 3.4% at constant scope and currency. Excluding legacy activities which affected Entertainment Services performance, revenues were up 7.2% at constant rate.
  • Adjusted EBITDA at €314 million.
  • Net profit of €4 million including the €38.6 million EU antitrust fine.
  • Group Free Cash Flow more than doubled at €104 million. Technicolor SA
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