Technicolor today announces its revenues for the first quarter of 2014.
Solid Q1 2014 Achievements
25 April 2014 – Technicolor (Euronext Paris: TCH; OTCQX: TCLRY) today announces its revenues for the first quarter of 2014.
“Technicolor delivered another strong quarter of performance,” said Frederic Rose, Technicolor Chief Executive Officer. “We made good progress in the first quarter in laying the foundation for delivering continued strong performance beyond 2015 with the signature of a major smartphone licensing agreement, record orders in Connected Home and Production Services and continued focus on internal IP generation across all activities. This performance has been recognized by the rating agencies and enables us to continue improving our balance sheet structure.”
Key points
2014 guidance confirmed
Innovation
Update on financial structure
An analyst conference call hosted by Frederic Rose, CEO, and Stéphane Rougeot, CFO, will be held on Friday, April 25, 2014 at 3:00pm CEST.
Financial Calendar
AGM 2014 |
22 May 2014 |
H1 2014 Results |
25 July 2014 |
Q3 2014 Revenues |
22 October 2014 |
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Warning: Forward Looking Statements
This press release contains certain statements that constitute "forward-looking statements", including but not limited to statements that are predictions of or indicate future events, trends, plans or objectives, based on certain assumptions or which do not directly relate to historical or current facts. 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 French Autorité des marchés financiers.
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About Technicolor
Technicolor, a worldwide technology leader in the media and entertainment sector, is at the forefront of digital innovation. Our world class research and innovation laboratories enable us to lead the market in delivering advanced video services to content creators and distributors. We also benefit from an extensive intellectual property portfolio focused on imaging and sound technologies, based on a thriving licensing business. Our commitment: supporting the delivery of exciting new experiences for consumers in theaters, homes and on-the-go. www.technicolor.com
Technicolor shares are on the NYSE Euronext Paris exchange (TCH) and traded in the USA on the OTCQX marketplace (OTCQX: TCLRY).
Contacts
Press: +33 1 41 86 53 93
technicolorpressoffice@technicolor.com
Investor relations: +33 1 41 86 55 95
investor.relations@technicolor.com
[1] Excluding legacy activities.