Technicolor : Road map maintained following the Q1 results
>Satisfactory start to the year relative to our estimates - Technicolor reported its Q1 2021 results yesterday evening. The group is still loss-making (net result = -€ 61m) but EBITDA improved (€ 43m vs Q1 2020 = € 27m and ODDO estimate = € 30m) thanks in particular to cost reductions in production services, strong demand in connected homes and better pricing in DVD services.Targets reiterated by the management for 2021 and 2022 - The financial t...Technicolor SA is engaged in the development of technologies, and the supply of digital production (visual effects and animation), video and sound postproduction and distribution solutions and services for a range of content creators, pay-television operators, and over-the-top (OTT) and network service providers. The Company operates in the media and entertainment industry. The Company's activities are organized in three operating segments: Connected Home, Entertainment Services and Technology. The Connected Home segment includes design and supply of solutions enabling the delivery of digital video entertainment, data, as well as voice and Smart Home services to pay-television operators and network service providers. The Entertainment Services segment includes Production Services and DVD Services divisions. The Technology segment includes Patent Licensing, and Trademark and Technology Licensing divisions.
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.
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