Investegate |TECHNICOLOR Announcements | TECHNICOLOR: Technicolor: First Quarter 2021 Results
inuing operations Revenues of €711 million were up 3.6% at constant rate reflecting, as expected, a decrease in Production Services of (15)%, primarily driven by lower revenue in Film & Episodic Visual Effects, and in DVD Services of (8)%, mainly due to lower volumes. However, there was an extremely strong performance in Connected Home, particularly in North America and Eurasia, where revenue growth (+34% and +29% respectively) was driven by increased underlying demand, mitigating a lower performance from Latin America. In the first quarter 2021, the Group realized €20 million of cost sav...