According to the statement, Technicolor’s revenues were €906 million (US $1.27 billion) in the quarter, up 12.9% from €803 million (US $1.12 billion) in Q3 2009.
On the optical disc replication front, Technicolor reported that in its third quarter 2010 “DVD and Blu-ray volumes increased by 22% compared with third quarter of 2009, driven by the start of the Warner Bros. agreement in August, along with continued growth in overall Blu-ray volumes. Technicolor also continued to benefit from overall improving trends in consumer DVD purchasing and improved customer release slates in the quarter, demonstrated by year-on-year volume decline rates, which dropped into the mid single-digits excluding Warner Bros. During the third quarter, the DVD Services business won several new contracts from existing and new customers, including Microsoft and Elevation Sales.”
In terms of raw numbers, the company manufactured roughly 292 million DVDs in the third quarter of 2010 (up 20% from the same period in 2009) as well as 27 million Blu-ray discs (up 82% over Q3 2009).
Disc Replication Services
|millions of units||Q3 2009||Q3 2010||Change (%)|
|Blu-ray Disc (BD)||15||27||+82%|
|Games and Kiosk||24||24||+1%|
Currency conversion as of October 21, 2010.
For more information visit: www.technicolor.com