Corus Entertainment Inc. Class B · TSX:CORS
Corus Entertainment Inc. Class B — Q3 2013 Earnings Presentation
8 slides from Corus Entertainment Inc. Class B's earnings presentation, Jul 11, 2013
Slide 1: Fiscal 2013 Third Quarter Earnings Conference Call
FISCAL 2013 THIRD QUARTER EARNINGS CONFERENCE CALL Thursday, July 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 416.620.9188 (local or international). The call will be webcast on www.corusent.com in the
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: Q3 Consolidated Results
Q3 CONSOLIDATED RESULTS REVENUES SEGMENT PROFIT 225,000 -2% -10% 80,000 200,000 70,000 $000 (Cdn) $000 (Cdn) 175,000 60,000 F'12 F'12 50,000 150,000 F'13 F'13 40,000 125,000 30,000 100,000 20,000 Q3 Q3 $200.1 million versus $68.2 million versus $204.1 million a year ago $75.7 million a year ago 3
Slide 4: Q3 Review: Corporate Highlights
Q3 REVIEW CORPORATE HIGHLIGHTS Net income attributable to shareholders up 108% Free cash flow of $128 million year-to-date Specialty advertising revenue up 9%; subscriber revenues up 2% Consolidated merchandising, distribution and other revenues down 23% Progress made on acquisitions: Co
Slide 5: Q3 Review: Radio
Q3 REVIEW RADIO Segment revenues decreased 5% due to advertising softness in certain markets Segment profit decreased 8% in the quarter; and increased 2% year- to-date Continued strength in Western markets, particularly Vancouver and Calgary Segment profit margin of 31% year-to-date 5
Slide 6: Q3 Review: Television
Q3 REVIEW TELEVISION Specialty advertising revenue up 9%, driven by double-digit growth in the Women’s vertical Subscriber revenues increased 2% Movie Central finished the quarter with over 1,009,000 subscribers, up 33,000 year-to-date Segment revenues decreased 1%, due to a 26% decline in m
Slide 7: Q4 Outlook
Q4 OUTLOOK RADIO Strength expected to continue in the West with our Vancouver and Calgary clusters, moderated by softness in Ontario Cost containment initiatives continue as we position ourselves for advertising market recovery TELEVISION High single-digit specialty ad revenue expected, led by
Slide 8: Fiscal 2013 Third Quarter Earnings Conference Call
FISCAL 2013 THIRD QUARTER EARNINGS CONFERENCE CALL JULY 11, 2013 8