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