Helkon revs to fall short

German stock exchange to give co. six-week extension

LONDON — German distrib Helkon Media said Wednesday that it will not meet its predicted revenue and profit figures for fiscal 2001, which ended July 31.

According to preliminary figures issued Wednesday, company fell short of its estimated DM318 million ($148 million) sales and $21 million cash-flow figures, making $112 million and $12 million, respectively. Company had projected the figures in September 2000.

Helkon blamed the postponed release of John McTiernan’s “Rollerball” back to February as well as daughter companies Newmarket Capital and Helkon International Pictures delaying results.

Helkon has been given a six-week extension from the German stock exchange to present its final results by Dec. 12. Shares in Helkon were down 35% late Wednesday at $1.75.

More Biz

  • Thousands of people gather holding protest

    Marchers Reference 'Get Out,' 'Black Mirror' at New York City Women's March

    LONDON — German distrib Helkon Media said Wednesday that it will not meet its predicted revenue and profit figures for fiscal 2001, which ended July 31. According to preliminary figures issued Wednesday, company fell short of its estimated DM318 million ($148 million) sales and $21 million cash-flow figures, making $112 million and $12 million, respectively. […]

  • Los Angeles Women's March

    How to Watch the Los Angeles Women’s March Online

    LONDON — German distrib Helkon Media said Wednesday that it will not meet its predicted revenue and profit figures for fiscal 2001, which ended July 31. According to preliminary figures issued Wednesday, company fell short of its estimated DM318 million ($148 million) sales and $21 million cash-flow figures, making $112 million and $12 million, respectively. […]

  • Lori Mccreary and Gary Lucchesi PGA

    How Harvey Weinstein Drove the PGA to Combat Sexual Harassment on Set

    LONDON — German distrib Helkon Media said Wednesday that it will not meet its predicted revenue and profit figures for fiscal 2001, which ended July 31. According to preliminary figures issued Wednesday, company fell short of its estimated DM318 million ($148 million) sales and $21 million cash-flow figures, making $112 million and $12 million, respectively. […]

  • Bob Bakish, President and CEO of

    Viacom CEO Bob Bakish Earned $20.3 Million in 2017

    LONDON — German distrib Helkon Media said Wednesday that it will not meet its predicted revenue and profit figures for fiscal 2001, which ended July 31. According to preliminary figures issued Wednesday, company fell short of its estimated DM318 million ($148 million) sales and $21 million cash-flow figures, making $112 million and $12 million, respectively. […]

  • Ross Levinson LA Times

    L.A. Times Publisher Placed on Unpaid Leave Amid Sexual Harassment Investigation

    LONDON — German distrib Helkon Media said Wednesday that it will not meet its predicted revenue and profit figures for fiscal 2001, which ended July 31. According to preliminary figures issued Wednesday, company fell short of its estimated DM318 million ($148 million) sales and $21 million cash-flow figures, making $112 million and $12 million, respectively. […]

  • Time Warner

    Judge Indicates Shutdown Won't Delay AT&T-Time Warner Antitrust Case

    LONDON — German distrib Helkon Media said Wednesday that it will not meet its predicted revenue and profit figures for fiscal 2001, which ended July 31. According to preliminary figures issued Wednesday, company fell short of its estimated DM318 million ($148 million) sales and $21 million cash-flow figures, making $112 million and $12 million, respectively. […]

  • LA Times building

    Los Angeles Times Newsroom Votes 248-44 in Favor of Unionization

    LONDON — German distrib Helkon Media said Wednesday that it will not meet its predicted revenue and profit figures for fiscal 2001, which ended July 31. According to preliminary figures issued Wednesday, company fell short of its estimated DM318 million ($148 million) sales and $21 million cash-flow figures, making $112 million and $12 million, respectively. […]

More From Our Brands

Access exclusive content