Corus Entertainment Inc. Class B · TSX:CORS

Corus Entertainment Inc. Class B — Q1 2017 Earnings Presentation

11 slides from Corus Entertainment Inc. Class B's earnings presentation, Jan 11, 2017

  1. Slide 1: Fiscal 2017 First Quarter Earnings Conference Call

    Fiscal 2017 First Quarter Earnings Conference Call Wednesday, January 11, 2017 | 9 a.m. ET

  2. Slide 2: Safe Harbour Disclosure Forward-looking Statements

    Safe Harbour Disclosure Forward-looking Statements This press release contains forward-looking information and should be read subject to the following cautionary language: To the extent any statements made in this report contain information that is not historical, these statements are forward-lookin

  3. Slide 3: Q1 Fiscal 2017 Consolidated Results

    Q1 Fiscal 2017 Consolidated Results • Consolidated revenue for Q1 was $468 million, up from $228 million in the prior year • Segment profit was $192 million, up from $96 million in the prior year • Consolidated segment profit margin1,2 of 41% for the quarter • Net income attributable to shareholders o

  4. Slide 4: Television - Q1 Fiscal 2017

    Television - Q1 Fiscal 2017 • Global delivered the strongest fall it’s seen in over a decade, landing 3 of the top 5 new shows with Bull, MacGyver and Kevin Can Wait Fiscal 2017 First Quarter Earnings Conference Call 4

  5. Slide 5: Television: top specialty channels ranking

    Television - Q1 Fiscal 2017 • Corus now has 7 of the top 10 specialty channels for adults, 7 of the top 10 specialty channels among women, and 8 of the top 10 children’s channels top top top 7of 10 7of10 8of10 Specialty Channels Specialty Channels Specialty Channels Among Women Among Kids Numeris TV

  6. Slide 6: Television - Q1 Fiscal 2017

    Television - Q1 Fiscal 2017 • Successfully launched the Cooking Channel on December 12th, which is now in freeview in 8 million homes Fiscal 2017 First Quarter Earnings Conference Call 6

  7. Slide 7: News and Radio - Q1 Fiscal 2017

    News and Radio - Q1 Fiscal 2017 • Segment profit increased 4% • Segment profit margin of 31% • Solid Fall Ratings in Key Markets driven by: - Strong performance/ratings improvements in key Numeris PPM and Diary markets - Corus AM News Talk Radio Stations benefit from Global News content - Successful re

  8. Slide 8: Segmented Financial Results - Q1 Fiscal 2017 (Television)

    Segmented Financial Results - Q1 Fiscal 2017 Television • Segment revenues increased 132% (down 5% on a pro forma basis2) • Advertising revenues increased 269% (down 7% on a pro forma basis2) • Subscriber revenues increased 45% (up 6% on a pro forma basis2) • Merchandising, Distribution and other re

  9. Slide 9: Segmented Financial Results - Q1 Fiscal 2017 (Radio, Corporate)

    Segmented Financial Results - Q1 Fiscal 2017 Radio • Segment revenues decreased 5% in Q1 2017 • Segment profit1 increased 4% in Q1 2017 • Segment profit margin1 of 31% in Q1 2017, compared to 29% in Q1 2016 Corporate • Net income attributable to shareholders of $71.1 million ($0.36 per share basic) fo

  10. Slide 10: Q2-2017 Outlook

    Q2-2017 Outlook • Capture all revenue and cost synergies, delivering $40-50 million in cash savings in the first 18-24 months after the close of the acquisition • Deliver solid free cash flow, enabling prudent investments to advance our strategic priorities and reduce leverage to below 3.0x or greater

  11. Slide 11: Fiscal 2017 First Quarter Earnings Conference Call Q&A

    Fiscal 2017 First Quarter Earnings Conference Call Wednesday, January 11, 2017 | 9 a.m. ET Q &A

Corus Entertainment — Q1 2017 Earnings Presentation on 6ix