Edition:
India

Technicolor SA (TCH.PA)

TCH.PA on Paris Stock Exchange

1.19EUR
18 Apr 2019
Change (% chg)

€0.01 (+0.85%)
Prev Close
€1.18
Open
€1.18
Day's High
€1.20
Day's Low
€1.16
Volume
1,185,859
Avg. Vol
1,730,139
52-wk High
€1.61
52-wk Low
€0.81

Latest Key Developments (Source: Significant Developments)

Technicolor FY Net Loss Narrows To 67 Million Euros
Wednesday, 27 Feb 2019 

Feb 27 (Reuters) - TECHNICOLOR SA ::TECHNICOLOR: FULL YEAR 2018 RESULTS.FY REVENUES FROM CONTINUING ACTIVITIES WERE EUR 3,988 MILLION, DOWN 3% YEAR-ON-YEAR.FY CONNECTED HOME REVENUES TOTALED EUR 2,218 MILLION IN 2018, DOWN 5% YEAR-ON-YEAR.FY ADJUSTED EBITDA FROM CONTINUING OPERATIONS EUR 266 MILLION VERSUS EUR 291 MILLION YEAR AGO.BOARD OF DIRECTORS OF TECHNICOLOR WILL NOT PROPOSE A DIVIDEND.THE GROUP WILL NO LONGER PROVIDE SPECIFIC NUMERICAL GUIDANCE FOR THE CURRENT OR FUTURE FINANCIAL YEARS.WILL CONTINUE TO PURSUE LEVERAGE REDUCTION THROUGH IMPROVED PROFITABILITY AND CASH GENERATION.FULL YEAR FREE CASH FLOW FROM CONTINUING OPERATIONS (EXCLUDING “R&I”) WAS €(43) MILLION.BOARD OF DIRECTORS OF TECHNICOLOR APPOINTED TODAY MINDY MOUNT AS VICE CHAIRMAN OF BOARD.FY NET LOSS EUR 67 MILLION VERSUS LOSS OF EUR 173 MILLION YEAR AGO.  Full Article

Technicolor Receives A Binding Offer For Its Research & Innovation Activity From Interdigital
Monday, 11 Feb 2019 

Feb 11 (Reuters) - TECHNICOLOR SA ::TECHNICOLOR: TECHNICOLOR HAS RECEIVED A BINDING OFFER FOR ITS RESEARCH & INNOVATION ACTIVITY FROM INTERDIGITAL.WITH THE ACQUISITION, TECHNICOLOR WILL MATERIALLY REDUCE ITS COSTS (C. (EUR 21) MILLION OF ADJUSTED EBITDA ON 2017 COST BASIS) STARTING IN 2020.WITH INTERDIGITAL'S ACQUISITION OF TECHNICOLOR'S R&I ACTIVITY, TECHNICOLOR WILL MATERIALLY REDUCE ITS COSTS (C. (EUR 21) MILLION OF ADJUSTED EBITDA ON 2017 COST BASIS) STARTING IN 2020.TECHNICOLOR'S FUTURE CASH RECEIPTS WOULD BE REDUCED BY 50% COMPARED TO PREVIOUS NET PRESENT VALUE ESTIMATION.TECHNICOLOR'S RIGHT TO RECEIVE 42,5% (BEYOND OPERATING EXPENSES) OF FUTURE ROYALTIES FROM INTERDIGITAL'S LICENSING ACTIVITIES IN CONSUMER ELECTRONICS FIELD WOULD ALSO BE AMENDED.  Full Article

Technicolor: Prepayment Of EIB Loan, 2018 Adjusted EBITDA Update
Friday, 21 Dec 2018 

Dec 21 (Reuters) - TECHNICOLOR SA ::REG-TECHNICOLOR: PREPAYMENT OF EIB LOAN - 2018 ADJUSTED EBITDA UPDATE.NOW EXPECTS 2018 ADJUSTED EBITDA (AT CONSTANT EXCHANGE RATE VERSUS 2017) TO BE IN A RANGE OF EUR 265 MILLION TO EUR 275 MILLION.WILL PREPAY EUROPEAN INVESTMENT BANK ("EIB") LOAN OF EUR 90 MILLION BEFORE YEAR END 2018.REMAINING 2023 MATURITY SENIOR SECURED TERM LOANS ARE COVENANT FREE.INFORMS MARKET THAT IT IS NOT ENGAGED IN ANY STRATEGIC DISCUSSIONS INCLUDING ANY RELATED TO CONNECTED HOME BUSINESS.  Full Article

Technicolor Appoints Laurent Carozzi As CFO
Monday, 5 Mar 2018 

March 5 (Reuters) - Technicolor SA ::TECHNICOLOR APPOINTS LAURENT CAROZZI AS CHIEF FINANCIAL OFFICER.TECHNICOLOR SA - LAURENT CAROZZI IS JOINING TECHNICOLOR FROM PUBLICIS WHERE HE WAS DEPUTY OF GROUP CFO.TECHNICOLOR SA - CAROZZI WILL BECOME MEMBER OF EXECUTIVE COMMITTEE FROM MARCH 12 2018.  Full Article

Technicolor Appoints Laurent Carozzi As Chief Financial Officer
Monday, 5 Mar 2018 

March 5 (Reuters) - TECHNICOLOR SA ::REG-TECHNICOLOR: TECHNICOLOR APPOINTS LAURENT CAROZZI AS CHIEF FINANCIAL OFFICER.CAROZZI IS JOINING TECHNICOLOR FROM PUBLICIS.‍CAROZZI WILL BECOME MEMBER OF EXECUTIVE COMMITTEE FROM MARCH 12 TH 2018​.  Full Article

InterDigital Makes Binding Offer To Buy Technicolor’s Patent Licensing Business
Thursday, 1 Mar 2018 

March 1 (Reuters) - InterDigital Inc ::INTERDIGITAL MAKES BINDING OFFER TO ACQUIRE TECHNICOLOR’S PATENT LICENSING BUSINESS, WILL COLLABORATE WITH TECHNICOLOR ON VIDEO RESEARCH.INTERDIGITAL INC - ‍MADE A BINDING OFFER TO PURCHASE PATENT LICENSING BUSINESS OF TECHNICOLOR FOR $150 MILLION IN CASH PLUS FUTURE CONTINGENT CONSIDERATION​.INTERDIGITAL INC - ALSO EXPECTS NET IMPACT OF TRANSACTION ON ITS CORE OPERATING EXPENSES TO BE MODEST​.INTERDIGITAL- TECHNICOLOR TO RECEIVE 42.5% OF ALL FUTURE CASH RECEIPTS FROM CO'S NEW LICENSING EFFORTS IN CONSUMER ELECTRONICS FIELD.INTERDIGITAL - UNDER DEAL, THERE IS NO REVENUE SHARING ASSOCIATED WITH CO'S MOBILE INDUSTRY LICENSING EFFORTS.INTERDIGITAL INC - ‍AS PART OF DEAL, CO WOULD ALSO GRANT BACK TO TECHNICOLOR A PERPETUAL LICENSE FOR PATENTS ACQUIRED IN TRANSACTION​.INTERDIGITAL INC - ‍WILL BUY TECHNICOLOR'S PORTFOLIO OF MORE THAN 21,000 PATENTS, APPLICATIONS, INCLUDING OVER 2,500 WORLDWIDE VIDEO CODING PATENTS.  Full Article

Technicolor FY Net Loss Widens To 173‍​ Million Euros
Wednesday, 21 Feb 2018 

Feb 21 (Reuters) - TECHNICOLOR SA ::FY GROUP REVENUES FROM CONTINUING OPERATIONS EUR ‍​4.23 BILLION VERSUS EUR 4.63 BILLION YEAR AGO.IN 2018 REVENUE GROWTH MILDLY IMPACTED BY SLIGHTLY FEWER PROJECTS IN ANIMATION & GAMES..FOR 2018 DVD SERVICES - REVENUES AND VOLUMES EXPECTED TO BE AROUND 2017 LEVELS.FY NET LOSS EUR 173‍​ MILLION VERSUS LOSS OF EUR 26 MILLION YEAR AGO.IN 2018 SEES PRODUCTION SERVICES REVENUES - MID-SINGLE DIGIT REVENUE GROWTH DRIVEN BY:VERY STRONG ORDER BACKLOG IN FILM AND TV VFX.FY ADJUSTED EBITDA FROM CONTINUING OPERATIONS EUR ‍​291 MILLION VERSUS EUR 359 MILLION YEAR AGO.ADVERTISING VFX EXPECTED TO IMPROVE IN 2018 COMPARED TO 2017.IN 2018 POST-PRODUCTION ANTICIPATED TO CONTINUE TO BENEFIT FROM SIGNIFICANT INCREASE IN STREAMING ORIGINAL CONTENT.IMPROVEMENT OF US BOX OFFICE AT END 2017 WHICH IS EXPECTED TO POSITIVELY IMPACT NEW RELEASE ACTIVITY IN H1 2018.OUTSOURCING AGREEMENT FROM SONY DADC TO TECHNICOLOR IN NORTH AMERICA AND AUSTRALIA TO START IN Q2 OF 2018.FOR 2018: ENTERTAINMENT SERVICES ADJUSTED EBITDA EXPECTED TO REMAIN FLAT YEAR-ON-YEAR.CUSTOMER PORTFOLIO REVIEW CONDUCTED IN LAST QUARTER OF 2017 EXPECTED TO LEAD TO A REVENUE DECREASE OF AROUND EUR 250 MILLION.CUSTOMER PORTFOLIO REVIEW TO CORRESPOND TO A DECLINE OF AROUND 10% YEAR-ON-YEAR..ADJUSTED EBITDA EXPECTED TO BE FLAT YEAR-ON-YEAR.WILL NOT PROPOSE A DIVIDEND TO THE 2018 ANNUAL GENERAL MEETING OF SHAREHOLDERS‍​.  Full Article

Technicolor Establishes Mill Film In South Australia​‍​
Tuesday, 6 Feb 2018 

Feb 6 (Reuters) - TECHNICOLOR SA :‍​:‍TECHNICOLOR: TECHNICOLOR ESTABLISHES MILL FILM, A NEW VFX COMPANY IN SOUTH AUSTRALIA​.  Full Article

Technicolor ‍maintains objectives for FY​
Wednesday, 25 Oct 2017 

Oct 25 (Reuters) - TECHNICOLOR SA ::‍MAINTAINS ITS ADJUSTED EBITDA AND FREE CASH FLOW OBJECTIVES FOR FY​.  Full Article

Deals of the day-Mergers and acquisitions

Nov 16 The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Friday: