Company is shifting its film model from traditional acquisitions to in-house productions.
Toronto-based Entertainment One has revealed its results for the 2018 financial year, which saw the company’s revenues from its family brands on the up, including flagship Peppa Pig, while its film business took a sizeable hit.
Overall profit for the group was up 116% to £78m before tax, while adjusted profit was up 11% to £144m. Revenues were at £1.45bn, slightly down on the previous year’s figure, while underlying Ebitda was up 11% to £177m.
Revenue from its family entertainment properties was £138.6m in 2018, up 56% on the previous period from £82.3m.
Toronto-based Entertainment One has revealed its results for the 2018 financial year, which saw the company’s revenues from its family brands on the up, including flagship Peppa Pig, while its film business took a sizeable hit.
Overall profit for the group was up 116% to £78m before tax, while adjusted profit was up 11% to £144m. Revenues were at £1.45bn, slightly down on the previous year’s figure, while underlying Ebitda was up 11% to £177m.
Revenue from its family entertainment properties was £138.6m in 2018, up 56% on the previous period from £82.3m.
- 5/22/2018
- by Tom Grater
- ScreenDaily
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