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BRIEF-Technicolor Creative Studios Lowers 2022 Adjusted EBITDA After Lease Guidance To 45-65 Million Euros

Reuters · 11/15/2022 12:10
BRIEF-Technicolor Creative Studios Lowers 2022 Adjusted EBITDA After Lease Guidance To 45-65 Million Euros

- Technicolor Creative Studios SA TCHCS.PA:

  • TECHNICOLOR CREATIVE STUDIOS: UPDATE

  • TECHNICOLOR CREATIVE STUDIOS LOWERS 2022 ADJUSTED EBITDA AFTER LEASE GUIDANCE TO EUR 45-65 MILLION AT BUDGET RATE OR EUR 50-70 MILLION AT ACTUAL RATES

  • SECOND HALF OF 2022 DIFFICULTIES WILL ALSO AFFECT 2023

  • PRELIMINARY VIEW FOR 2023: FLAT OR MODERATELY UP FROM EXPECTED 2022 LANDING, COMPARED TO EUR 140-160 MILLION PREVIOUS ESTIMATES

Source text for Eikon:

Further company coverage: TCHCS.PA


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