You will be redirected back to your article in seconds

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

  • Bill OReilly Roger Ailes Sexual Harrassment

    Bill O'Reilly, Roger Ailes Still Loom Over Fox's Business (Analysis)

    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. […]

  • Monica Macer

    MPTF's NextGen Member Monica Macer: 'We Believe in Taking Care of Our Own'

    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. […]

  • Éric Salvail Suspends Career After Sexual

    Quebec Radio Star and Producer On Leave Over Sexual Harassment Allegations

    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. […]

  • Roy Price

    Harvey Weinstein Fallout: Entertainment Figures Accused of Sexual Harassment

    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. […]

  • Harvey Weinstein

    Colony Capital Has Three-Week Window to Avert Weinstein Co. Bankruptcy (EXCLUSIVE)

    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. […]

  • Mark Baker Warner Music Group

    Warner Music Group Names Mark Baker VP of Public Policy & Government Affairs

    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. […]

  • Lupita Nyong'o Harvey Weinstein

    Lupita Nyong'o Details Harvey Weinstein's Advances Toward Her in Op-Ed: 'I Felt Unsafe'

    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