Corus Entertainment Inc. Class B · TSX:CORS
Corus Entertainment Inc. Class B — Q3 2011 Earnings Presentation
10 slides from Corus Entertainment Inc. Class B's earnings presentation, Jul 14, 2011
Slide 1: 2011 Q3 Analyst Conference Call
2011 2011 QQ1 3 AANALYST NALYST CCONFERENCE ONFERENCE CCALL ALL Tuesday, January 11, 2011 Thursday, July 14, 2011 4 p.m. ET / 3 p.m. CT / 2 p.m. MT / 1 p.m. PT 2 p.m. ET / 1 p.m. CT / 12 p.m. MT / 11 a.m. PT •The dial-‐in number for the conference call is 1.800.685.7816 (toll-‐free North America)
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: Consolidated Revenues
CONSOLIDATED REVENUES +7% +8% $000 (Cdn) $000 (Cdn) $211.8 million versus $625.0 million versus $198.4 million a year ago $580.1 million a year ago *Current and prior year results exclude Quebec Radio 3
Slide 4: Consolidated Segment Profit
CONSOLIDATED SEGMENT PROFIT +11% +11% $000 (Cdn) $000 (Cdn) $77.3 million versus $226.9 million versus $69.4 million a year ago $204.5 million a year ago *Current and prior year results exclude Quebec Radio 4
Slide 5: Q3 Review - Radio
Q3 REVIEW - RADIO RADIO Revenues and segment profit declined by 1% and 9%, respectively in the third quarter. Results reflect: Ratings challenges in Vancouver Rate compression on local bookings in Edmonton Softer key category sales in May Ontario revenues up 4% versus year ago 5
Slide 6: Q3 Review - Television
Q3 REVIEW - TELEVISION TELEVISION Segment revenues increased 10% Segment profit increased 15% Specialty advertising increased 15% Subscriber revenues increased 5% 6
Slide 7: Q3 Review - Television: Corus Kids, Specialty and Pay
Q3 REVIEW - TELEVISION CORUS KIDS Advertising revenues up 17% as a result of strong ratings growth and continued successful monetization of co-view audiences Exceptional growth in merchandising revenues, driven by Beyblade success CORUS SPECIALTY AND PAY Revenues up 6%, driven by: Launch of
Slide 8: Outlook
OUTLOOK Television expected to drive strong overall top line growth Forecasting double digit revenue gains Merchandising revenues forecast to exceed expectations, driven by Beyblade success Momentum builds on OWN, forecasting significant ad growth Pay represents a strong value proposition
Slide 9: Total Shareholder Return
TOTAL SHAREHOLDER RETURN Normal Course Issuer Bid in place from June 16, 2011 to June 15, 2012 Corus received TSX approval to repurchase up to 3.9 million of its Issued and Outstanding Class B Non-Voting Shares Dividend increase of 16% for Class A and Class B Shareholders in Q3 Second signif
Slide 10: 2011 Q3 Analyst Conference Call
2011 Q3 ANALYST CONFERENCE CALL JULY 14, 2011