October 21, 2010

Q3 2010 Revenues

Q3 2010 revenues of €906 million, up 12.9% compared with Q3 2009

    Q3 2010 revenues of €906 million, up 12.9% compared with Q3 2009
        Q3 2010 revenues up 7.2% at constant currency
        Each of the three businesses posted double-digit revenue growth compared to Q3 2009

    Taking into account the upcoming Disposal Proceeds Notes (DPN) redemption and third quarter trends, the company is providing further guidance on the year end outlook
        The Group expects to achieve a yoy revenue growth for Q4 2010 at constant currency
        The Group expects adjusted EBITDA1 as a percentage of revenues to increase slightly in H2 2010 compared with H2 2009

        Sale of the majority of the stake in Screenvision US completed and announced on 15 October 2010. $60 million cash received and to be applied to the Disposal Proceeds Notes
        Consultations of workers representatives for Grass Valley restructuring finalized, including in France

1.EBITDA from continuing activities minus restructuring and impairment charges, and minus other income and expenses

Paris (France), 21 October 2010 - The Board of Directors of Technicolor (Euronext Paris: TCH; NYSE: TCH) met yesterday to review the Group’s third quarter of 2010 revenues.

Comment by Frederic Rose, CEO
“Our ability to generate growth in all of our businesses in the third quarter has been driven by the Group’s refocus. Also, the disposal of Screenvision and the announcement of the sale of Broadcast in the third quarter confirm that we are delivering on our disposal program. We are well on track to deliver on our 2010 objectives.”


Technicolor is a company listed on NYSE Euronext Paris and NYSE stock exchanges, and this press release contains certain statements that constitute "forward-looking statements" within the meaning of the "safe harbor" of the U.S. Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on management's current expectations and beliefs and are subject to a number of risks and uncertainties that could cause actual results to differ materially from the future results expressed, forecasted or implied by such forward-looking statements. For a more complete list and description of such risks and uncertainties, refer to Technicolor’s filings with the U.S. Securities and Exchange Commission and its filings with the French Autorité des marchés financiers.


About Technicolor
Technicolor is home to industry-leading creative and technology professionals committed to the creation, management and delivery of entertainment content to consumers around the world. Propelled by a culture of innovation and underpinned by a dedicated research organization, the company’s thriving licensing business possesses an extensive intellectual property portfolio focused on imaging and sound technologies. Serving motion picture, television, and other media clients, the company is a leading provider of high-end visual effects, animation, and postproduction services. In support of network service providers and broadcasters globally, Technicolor ranks among the worlds’ leading suppliers of digital content delivery services and home access devices, including set-top boxes and gateways. The company also remains a large physical media service provider, being one of the world’s largest film processors and independent manufacturers and distributors of DVDs and Blu-ray™ discs.
Euronext Paris: TCH - NYSE: TCH - www.technicolor.com

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