Entertainment One (LON:ETO) - Another successful quarter
Jul 25th 2012 - Edison Investment Research today published a report on Entertainment One (ETO.L, LSE:ETO, LON:ETO) entitled "Another Successful Quarter". In summary, the report says:
Entertainment One (eOne) has reported Q1 trading in line with management estimates and our full-year numbers are unchanged. Highlights are another strong performance by Television and good international momentum for Peppa Pig. Management has consistently delivered on expectations and we expect organic growth (EPS up 10% in FY13e) to be augmented by acquisitions. Discussions relating to the potential acquisition of Alliance Films are reported to be ongoing, with further updates “in due course”. A successful deal, at the right price, would in our view be transformational and a positive trigger for the share price.
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