Brief: Technicolor Says It Remains On Track To Meet Its FY And 2022 Guidance

Vantiva SA

05/11/2020 18:27

Nov 5 (Reuters) - Technicolor SA  TCH.PA :
    * TECHNICOLOR THIRD QUARTER 2020 RESULTS
    * REMAINS ON TRACK TO MEET ITS FULL YEAR AND 2022 GUIDANCE
    * 9-MONTH SALES OF EUR 2,230 MILLION WERE DOWN 18.0% AT
CONSTANT
RATE
    * FREE CASH FLOW IMPROVED BY EUR 76 MILLION YEAR-TO-DATE AT
CURRENT RATE COMPARED TO PRIOR YEAR
    * 9-MONTH ADJUSTED EBITDA OF EUR 106 MILLION WAS DOWN 46.6%
AT
CONSTANT RATE
    * 9-MONTH ADJUSTED EBITA OF EUR (65) MILLION WAS LOWER BY
EUR (63)
MILLION AT CURRENT RATE

Source text for Eikon:  ID:nGNX1Hc5X7 
Further company coverage:  TCH.PA 

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