Report
Emmanuel Matot

Technicolor : H1 release

>Confirmation of significant losses in H1 - Yesterday evening, Technicolor published its H1 2020 results. We note a 19% drop in sales (COVID-19 impact), with EBITDA almost halved (drop in business volumes) and heavy losses in terms of net profit (including asset impairment).All divisions have posted lower sales (notably production services following the cessation of live filming) but the connected home business is an exception as it managed to increase its profit...
Underlying
Technicolor SA

Technicolor is engaged in the media and entertainment and consumer services industries. Co. develops technologies that provide the solutions and services offered to its business clients (content creators and distributors, Network Service unique expertise to patent its innovation and monetize its IP portfolio, Providers and Pay-TV operators). Co.'s innovation and Intellectual Property (IP) portfolio comprises video, audio, communication/interoperability, content distribution and local network technologies. Co.'s activities can be divided into three main segments: Technology, Entertainment Services and Connected Home.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Emmanuel Matot

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