Technicolor SA announced financial and production results for its first quarter 2011.
According to the statement, Technicolor’s revenues were €812 million (US $1203.9) in the quarter, up 15.4% from €704 million (US $1043.8) in Q1 2010.
On the optical disc replication front, Technicolor reported that in the first quarter of 2011 “combined DVD and Blu-ray volumes increased by 51%, mainly reflecting market share gains and continued strong growth in Blu-ray, driven by increased household penetration of Blu-ray disc players and by the sustained performance of Blu-ray new release and catalog sales. Excluding the impact of Warner Bros., volumes increased slightly in the first quarter of 2011 compared to the first quarter of 2010, reflecting a positive trend associated with lower year-on-year decline in Standard Definition DVD and acceleration in Blu-ray growth.”
In terms of raw numbers, the company manufactured roughly 275 million DVDs in the first quarter of 2011 (up 44% from the same period in 2010) as well as 28 million Blu-ray discs (up 311% over Q1 2010).
Disc Replication Services (rounded)
millions of units | Q1 2010 | Q1 2011 | Change (%) |
DVD | 192 | 275 | +44% |
Blu-ray Disc (BD) | 7 | 28 | +311% |
Games and Kiosk | 18 | 23 | +31% |
Total | 216 | 326 | +51% |
Currency conversion as of April 29, 2011.
For more information visit: www.technicolor.com