The UK’s Pinewood Shepperton Studios enjoyed an after-tax profit of £5.4m, up from GBP 1.8m the previous year.
A string of big-budget films such as Disney’s Cinderella and bookings by TV programmes such as Channel 4’s The Taste and BBC’s The Voice have helped fuel the studio’s success. Overall revenues grew to £64m, up 16% on the previous year. Film revenues continue to bring in the bulk of the studio’s income, at £37.4m, but TV revenues also saw significant increases, rising from £5.2m to £6.2m. Despite local outcry, the studios are also set to undergo significant expansion.
Chief Executive Ivan Dunleavy said: “The company has made an excellent start to the new financial year, enjoying good visibility for the year as a whole. Demand for the Studios’ UK facilities is at an unprecedented level.”
On the second day of this year's AFP conference Trump's potential tax reform, using synthetic debt and the expected benefits of SWIFT GPI were all hotly discussed topics.
Today CGI and GTNews have announced the launch of the fifth annual Transaction Banking survey report, which offers which offers critical insight into the corporate-to-bank relationship.
On-Demand Treasury Management Solutions continue to gain increased adoption in the US and EMEA regions.
Treasurers are being expected to do more work with fewer resources than ever before, so it is little wonder that the automation of day-to-day operations was highly discussed on the second day of EuroFinance, the annual treasury event held in Barcelona this week.