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Indice: FTSE
100
Présent
dans 45 pays, Emi Group figure parmi les 3 premiers acteurs mondiaux du
marché de la musique. Son activité s'articule autour de 2
pôles :
-
production musicale : n° 3 mondial (13,4% de part de marché).
Emi produit plus de 1 500 artistes de tout univers musical (Pink Floyd,
The Beatles, Sting, Tina Turner, George Michael, Robbie Williams, Placido
Domingo, etc.). Le groupe possède 6 studios d'enregistrement et
70 labels parmi lesquels EMI, Virgin, Chrysalis et Capitol. En outre, Emi
Group est fortement présent dans le domaine de la musique sur Internet
;
-édition
musicale. N° 1 mondial, le groupe est propriétaire de plus de
1 million de copyrights dans le monde
23 May 2006 EMI
Group plc preliminary results for the financial year ended 31 March 2006
EMI Group reports strong
growth in full year profits, with EMI Music and EMI Music Publishing both
outperforming the global recorded music industry
Strong performance, delivering
improvement across key financial measures including a 12.9% increase in
underlying profit before tax (PBT)
Group revenues increased
by 3.9% on a reported basis and by 2.1% at constant currency, with both
EMI Music and EMI Music Publishing outperforming the global recorded music
industry
Creative excellence across
both divisions with releases from:
Coldplay, Dem Franchize
Boyz, Gorillaz, Korn, Raphael, RBD, KT Tunstall, Keith Urban, Robbie Williams
in EMI Music
Arctic Monkeys, Black Eyed
Peas, James Blunt, Kelly Clarkson, Daddy Yankee, Dem Franchize Boyz, Eminem,
Gorillaz, Kanye West in EMI Music Publishing
Group digital sales increased
to £112.1m from £46.9m. Momentum remained strong during
the fourth quarter, with group digital sales more than doubling to £41.2m
Group operating margin increased
by almost a full percentage point to 12.0% from 11.2%. This improvement
was driven by higher revenues, a greater proportion of revenues from digital,
and the delivery of previously announced cost savings
Underlying profit before
tax increased by 12.9% to £159.3m from £141.1m
Underlying diluted earnings
per share increased by 19.8% to 15.7p from 13.1p
The full year dividend is
maintained at 8.0p per share
Financial Summary
Year Ended
Year Ended
Change
31 March 2006
31 March 2005
£m
£m
Total Group revenue
2,079.9
2,001.2
3.9%
Total EBITDA(i)
275.8
250.2
10.2%
Total Group profit from
operations (EBITA)(ii) 250.5
225.1
11.3%
Underlying PBT(iii)
159.3
141.1
12.9%
Total Profit before taxation
118.1
98.8
19.5%
Underlying diluted earnings
per share(iv)
15.7p
13.1p
19.8%
Basic earnings per share
10.9p
9.6p
13.5%
Dividend per share
8.0p
8.0p
-
Return on sales(v)
12.0%
11.2%
-
Interest cover(vi)
3.0x
2.9x
-
(i) EBITDA is Group profit
from operations before depreciation, operating exceptional items and amortisation.
(ii) Group profit from operations
(EBITA) is before operating exceptional items and amortisation.
(iii) Underlying PBT is
before exceptional items and amortisation.
(iv) Underlying diluted
earnings per share is before exceptional items and amortisation.
(v) Return on sales is defined
as Group profit from operations before operating exceptional items and
amortisation, as a percentage of
Group revenue.
(vi) Interest cover is defined
as the number of times EBITDA is greater than Group underlying net finance
charges. |
