Brief: Technicolor Creative Studios Lowers 2022 Adjusted EBITDA After Lease Guidance To 45-65 Million Euros
15/11/2022 17:10
Nov 15 (Reuters) - 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: urn:newsml:reuters.com:*:nGNX5gD5c4
Further company coverage: TCHCS.PA
(Gdansk Newsroom)
((Gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))
Recent news on Technicolor Creative Studios SA
See all newsBrief: Technicolor Creative Studios Has Requested Suspension Of Listing Of Its Shares On Euronext Paris
Brief: Barings, Farallon, Sculptor And Pimco Announce Tender Offer For Technicolor Creative Studios
Brief: Technicolor Creative Studios SA Revenues Amounted To EUR 302.7 Million For First Half 2023, Down -25.9% Compared To Same Period In 2022
Brief: Technicolor Creative Studios H1 Revenues Down At EUR 302.7 Mln
Brief: Technicolor Creative Studios Completes Reverse Share Split