technicolor - 2019 Universal registration document

OPERATING AND FINANCIAL REVIEW AND PROSPECTS RESULTS OF OPERATIONS FOR 2018 AND 2019

2019

2018

Change (1)

(in million euros unless otherwise indicated) Profit (Loss) from continuing operations before tax and net finance costs

(127) (3.3)%

(119)

(8)

As a % of revenues of which: Production Services As a % of revenues As a % of revenues Connected Home As a % of revenues Corporate & Other As a % of revenues of which: Production Services As a % of revenues As a % of revenues Connected Home As a % of revenues Corporate & Other As a % of revenues of which: Production Services As a % of revenues As a % of revenues Connected Home As a % of revenues Corporate & Other DVD Services DVD Services DVD Services

(3.0)%

(30) bps

0

16

(16)

0%

2.0% (88)

(200) bps

(96)

(8)

2

(10.9)%

(9.4)%

(150) bps

(25)

(39)

14

(1.2)%

(1.8)%

60 bps

(6)

(8) 48

2

Adjusted EBIT from continuing operations

(19)

(67)

(0.5)%

1.2%

(170) bps

15

43

(27)

1.7% (19)

5.4%

(370) bps

5

(24)

(2.1)%

0.5%

(260) bps

(13)

1

(14)

(0.7)%

0%

(70) bps

(2)

0

(2)

Adjusted EBITDA from continuing operations

246 6.5%

266 6.7%

(20)

(20) bps

132

110

22

14.8%

14.0%

80 bps

46

68

(22)

5.3%

7.2%

(190) bps

69

87

(18)

3.5%

3.9%

(40) bps

(1)

1

(2)

Change at current currency, excluding IFRS 16. (1)

39

TECHNICOLOR UNIVERSAL REGISTRATION DOCUMENT 2019