Corus Entertainment Inc. Class B · TSX:CORS
Corus Entertainment Inc. Class B — Q1 2009 Earnings Presentation
7 slides from Corus Entertainment Inc. Class B's earnings presentation, Jan 14, 2009
Slide 1: 2009 Q1 Analyst Conference Call
2009 Q1 Analyst Conference Call January 14, 2009 at 9 a.m. ET / 8 a.m. CT / 7 a.m. MT / 6 a.m. PT •The dial-in number for the conference call is 1-866-321-6651 (toll-free North America) or 416-642-5212 (local or international). The pass code for the call is: 8042208. •A rebroadcast of this call will
Slide 2: Safe Harbour Disclosure
Safe Harbour Disclosure Forward-Looking Statements To the extent any statements made in this report contain information that is not historical; these statements are forward-looking statements and may be forward-looking information within the meaning of applicable securities laws (collectively, “forw
Slide 3: Q1 Consolidated Results
Q1 Consolidated Results Revenues Segment Profit +1% -2% 85,000 216,500 215,500 80,000 $000 (Cdn) 214,500 213,500 75,000 F'08 212,500 F'09 70,000 211,500 210,500 65,000 209,500 208,500 60,000 Q1 Q1 $216.8 million versus $81.3 million versus $214.8 million a year ago $83.4 million a year ago 3
Slide 4: Q1 Highlights
Q1 Highlights ! Positive revenue growth overall (+1%) ! Continued positive free cash flow ! Solid EPS growth (+9%) ! Adult Specialty TV ad revenues had a great quarter (+9%) ! Women’s channels firing on all cylinders ! Positive subscriber growth led by VIVA and Movie Central (+12%) ! Subscription gr
Slide 5: Outlook
Outlook ! Free Cash Flow guidance remains at between $70 million to $90 million ! Segment Profit guidance adjusted to between $255 million to $265 million ! Women’s channels will continue to deliver superior performance ! Continued overall specialty revenue growth. Kids’ ratings continue to gain mom
Slide 6: Part II Fees
Part II Fees ! Recent Decision: ! On December 18, 2008, the Supreme Court of Canada granted leave to appeal the decision of the Federal Court of Appeal concerning the validity of the so-called CRTC Part II fees. The FCA had held that the fees were a valid fee imposed by regulation and were not a tax
Slide 7: 2009 Q1 Analyst Call
fOts ENTERTAINMENT 2009 Q1 Analyst Call