Corus Entertainment Inc. Class B · TSX:CORS
Corus Entertainment Inc. Class B — Q2 FY2013 Earnings Presentation
8 slides from Corus Entertainment Inc. Class B's earnings presentation, Apr 11, 2013
Slide 1: Fiscal 2013 Second Quarter Earnings Conference Call
FISCAL 2013 SECOND QUARTER EARNINGS CONFERENCE CALL Thursday, April 11, 2013 2p.m. ET/1 p.m. CT /12 p.m. MT / 11 a.m. PT The dial-in number for the conference call is 1.800.732.6870 (toll-free North America) or 416.981.9030 (local or international). The call will be webcast on www.corusent.com in th
Slide 2: Safe Harbour Disclosure: Forward-Looking Statements
SAFE HARBOUR DISCLOSURE FORWARD-LOOKING STATEMENTS To the extent any statements made in this presentation contain information that is not historical; these statements are forward-looking statements within the meaning of applicable securities laws. These forward-looking statements related to, among o
Slide 3: Q2 Consolidated Results
Q2 CONSOLIDATED RESULTS REVENUES SEGMENT PROFIT 225,000 -11% 70,000 -12% 200,000 60,000 175,000 50,000 $000 (Cdn) $000 (Cdn) F'12 F'12 F'13 150,000 F'13 40,000 125,000 30,000 100,000 20,000 Q2 Q2 $183.7 million versus $54.6 million versus $205.7 million a year ago $62.2 million a year ago 3
Slide 4: Q2 Review: Highlights
Q2 REVIEW HIGHLIGHTS § Adjusted net income attributable to shareholders of $24.4 million for Q2 and $76.6 million year-to-date § Increased free cash flow, up 12% year-to-date § Consolidated segment profit margins of 30% for Q2 and 36% year-to-date § Refinanced Senior Unsecured Guaranteed Notes,
Slide 5: Q2 Review: Radio
Q2 REVIEW RADIO § Western markets continued to perform well, driven by strong ratings and economic conditions § Segment revenues decreased 5% in Q2 and 2% year-to-date § Segment profit decreased 2% in Q2, but increased 9% year-to-date § Segment profit margin of 31% year-to-date 5
Slide 6: Q2 Review: Television
Q2 REVIEW TELEVISION § Segment revenues decreased 12% in Q2 and 9% year-to-date, primarily driven by decline in merchandising, distribution and other revenue § Segment profit decreased 14% in Q2 and 7% year-to-date § Women’s portfolio and ABC Spark posted strong ratings and revenue growth § Movi
Slide 7: Q3 Outlook
Q3 OUTLOOK RADIO § Q3 revenues are currently pacing ahead of prior year § Strength expected to continue in Western markets, particularly British Columbia and Alberta § Corus Radio launches fourth Fresh FM format in Hamilton/Golden Horseshoe market TELEVISION § High single-digit specialty ad reve
Slide 8: Fiscal 2013 Second Quarter Earnings Conference Call
FISCAL 2013 SECOND QUARTER EARNINGS CONFERENCE CALL APRIL 11, 2013 8
Corus Entertainment — Q2 FY2013 Earnings Presentation on 6ix