Film and TV rights owner Entertainment One (ETO) is set to announce its half-year results on 18 November with the trends likely to follow those flagged in a 23 July first quarter trading update.
This includes unfavourable currency movements and a quiet summer for cinema box offices – partly due to the football World Cup. Despite these headwinds research house Edison expects an increase in EBITDA (earnings before interest, tax, depreciation and amortisation) to more than £30 million (against £28.4 million for the same period a year ago).
Nonetheless results are still likely to be weighted towards the second half and it will be interesting to note if the group confirms it is on track to meet full-year expectations in the outlook statement accompanying the results. There may also be an update on plans to expand the scope of its Family division which currently includes the valuable Peppa Pig property. (TS)