Corus Entertainment Inc. Class B · TSX:CORS
Corus Entertainment Inc. Class B — Q1 2020 Earnings Presentation
13 slides from Corus Entertainment Inc. Class B's earnings presentation, Jan 10, 2020
Slide 1: Fiscal 2020 First Quarter Earnings Conference Call
Fiscal 2020 First Quarter Earnings Conference Call Friday, January 10, 2020 | 8 a.m. ET
Slide 2: Safe Harbour Disclosure Forward-looking Statements
Safe Harbour Disclosure Forward-looking Statements This presentation contains forward-looking information and should be read subject to the following cautionary language: To the extent any statements made in this presentation contains information that is not historical, these statements are forward-
Slide 3: Key Q1 Fiscal 2020 Highlights
Key Q1 Fiscal 2020 Highlights $468 $184 million consolidated revenue million consolidated segment profit $53 million free cash flow Fiscal 2020 First Quarter Earnings Conference Call | 3
Slide 4: Optimizing Our Powerful Portfolio
Optimizing Our Powerful Portfolio 34 specialty channels 39 radio stations 15 B.C. Okanagan Lethbridge Calgary Edmonton Saskatoon Regina Winnipeg Toronto Durham Peterborough Kingston Montreal New Brunswick Halifax original content conventional stations premium multi- platform VOD Fiscal 2020 First Qu
Slide 5: Own More Content
Own More Content Backyard Builds $ave my Reno Island of Bryan Fiscal 2020 First Quarter Earnings Conference Call | 5
Slide 6: Investing for the Future
Investing for the Future Fiscal 2020 First Quarter Earnings Conference Call | 6
Slide 7: Q1 Fiscal 2020 Consolidated Results
Q1 Fiscal 2020 Consolidated Results • Consolidated revenue of $468 million • Consolidated segment profit1,2 of $184 million • Consolidated segment profit margin1 of 39% • Net income attributable to shareholders of $78.1 million ($0.37 per share basic) • Nebt debt to segment profit1,2 leverage of 3.0
Slide 8: Q1 Fiscal 2020 Television Results
Q1 Fiscal 2020 Television Results • Segment revenues were up 1% • Advertising revenues increased 1%, or 2% when adjusted for the disposition of TLN • Subscriber revenues were down 2%, but consistent excluding TLN • Merchandising, distribution and other revenues were up $2.6 million (15%) Q1 F2020 Re
Slide 9: Q1 Fiscal 2020 Radio Results
Q1 Fiscal 2020 Radio Results • Segment revenues of $38 million • Segment profit of $12 million • Segment profit margin1 of 32% was consistent with the prior year 1 Segment profit and segment profit margin do not have standardized meanings prescribed by International Financial Reporting Standards (“I
Slide 10: Q1 Fiscal 2020 Capital Allocation
Q1 Fiscal 2020 Capital Allocation $53 million of free cash flow in Q1 F2020 invest in pay down return cash to the future debt shareholders • Optimize core business • Paid down $49 million of • Dividends bank debt in Q1 F2020 - Declared dividend of • Build for the future $0.06/Class B Share for March
Slide 11: Building a Canadian Media Sector for the Future
Building a Canadian Media Sector for the Future • Adoption of common audience segments • Improving the viewer experience and value proposition, both on linear and on demand • Creating more revenue opportunities i.e. ad insertion on Video on Demand (VOD) • Sharing data within the industry ecosystem F
Slide 12: Fiscal 2020 First Quarter Earnings Conference Call | 12
Fiscal 2020 First Quarter Earnings Conference Call | 12
Slide 13: Fiscal 2020 First Quarter Earnings Conference Call Q&A
Fiscal 2020 First Quarter Earnings Conference Call Friday, January 10, 2020 | 8 a.m. ET Q&A