Technicolor has issued a further update on how COVID-19 is affecting the group, having withdrawn guidance at the time of the AGM in March. With studios and advertisers halting all live action filming, Production Services is the most affected segment. DVD services has fair demand for its back catalogue, with production continuing for now, while Connected Home is building back up to speed as its Asian supply chains recover. We have withdrawn our forecasts while the economic picture clarifies. T
22 Apr 2020
Technicolor - Varying fortunes
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Technicolor - Varying fortunes
- Published:
22 Apr 2020 -
Author:
Fiona Orford-Williams -
Pages:
3
Technicolor has issued a further update on how COVID-19 is affecting the group, having withdrawn guidance at the time of the AGM in March. With studios and advertisers halting all live action filming, Production Services is the most affected segment. DVD services has fair demand for its back catalogue, with production continuing for now, while Connected Home is building back up to speed as its Asian supply chains recover. We have withdrawn our forecasts while the economic picture clarifies. T