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 (%)|
|Blu-ray Disc (BD)||7||28||+311%|
|Games and Kiosk||18||23||+31%|
Currency conversion as of April 29, 2011.
For more information visit: www.technicolor.com