Brief: Technicolor Reports Stable Results For Q3

Vantiva SA

24/10/2018 18:08

Oct 24 (Reuters) - TECHNICOLOR SA  TCH.PA :
    * FOR REST OF YEAR, TECHNICOLOR EXPECTS A YEAR-ON-YEAR
DECLINE OF
MORE THAN 15% IN GROUP'S NORTH AMERICAN VIDEO CABLE SALES,
CONTINUED PRESSURE ON COMPONENT COSTS AND VOLATILITY IN DVD
SERVICES MARKET
    * TECHNICOLOR’S THIRD QUARTER RESULTS WERE STABLE
    * CONFIRMS EXPECTATIONS FOR ADJUSTED EBITDA FROM CONTINUING
OPERATIONS BROADLY STABLE AT CONSTANT EXCHANGE RATES VERSUS 2017
    * Q3 SALES SLIGHTLY INCREASED VERSUS THE THIRD QUARTER 2017
    * BOARD OF DIRECTORS HAS CO-OPTED AS A DIRECTOR MAARTEN
WILDSCHUT
    * MR. ROMANSKI AND MS. BIRGIT CONIX HAVE RECENTLY RESIGNED
FROM
THEIR POSITIONS AS DIRECTORS OF COMPANY

Source text for Eikon:  ID:nGNE8K74T0 
Further company coverage:  TCH.PA 

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