Magazine article Screen International

eOne Revenue Up 30%

Magazine article Screen International

eOne Revenue Up 30%

Article excerpt

The Group reported revenue of $1,303m, up 30% on 2013, and underlying EBITDA up 48% on 2013 at $147m.

Entertainment One Ltd. has announced its annual financial results for the year ending March 31, 2014.

eOne reported revenue of $1,303m, up 30% fron 2013, and underlying EBITDA up 48% on last year at $147m.

"It has been another very positive year for Entertainment One and I am delighted to report a year of growth and higher margins. This strong operating performance again demonstrates the strength of our strategy of investing in content rights and exploiting them across multiple territories and multiple consumer platforms," commented Darren Throop, president & CEO, Entertainment One.

"The Company's entry into the FTSE 250 and the payment of an inaugural dividend mark another milestone in eOne's development and continues our track record of delivering an improved return on investment for our shareholders. …

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