Technicolor Creative Studios: 9-month 2023 Business Update
Technicolor Creative Studios Q3 2023 revenues decreased by -48.1% at current rate (-44.8% at constant rate) to €111.7 million.
- Technicolor Creative Studios Q3 2023 revenues decreased by -48.1% at current rate (-44.8% at constant rate) to €111.7 million.
- At MPC, Q3 2023 revenues were down -56.8% year-on-year to €44.8 million, while 9-month 2023 revenues amounted to €167.5 million, down -47.1% at current rate (-44.6% at constant rate).
- IFRS net debt amounted to €678 million as of September 30, 2023, compared with €610 million as of June 30, 2023.
- The projected delisting of the Company along with these new financing arrangements attest to the strength of Technicolor Creative Studios’ shareholder support.