Financial Express (Holdings) Limited (“we”, “our”, “us” and derivatives) are committed to protecting and respecting your privacy. This Privacy Policy, together with our Terms of Use, sets out the basis on which any personal data that we collect from you, or that you provide to us, will be processed by us relating to your use of any of the below websites (“sites”).


For the purposes of the Data Protection Act 1998, the data controller is Trustnet Limited of 2nd Floor, Golden House, 30 Great Pulteney Street, London, W1F 9NN. Our nominated representative for the purpose of this Act is Kirsty Witter.


We collect information about you when you register with us or use any of our websites / services. Part of the registration process may include entering personal details & details of your investments.

We may collect information about your computer, including where available your operating system, browser version, domain name and IP address and details of the website that you came from, in order to improve this site.

You confirm that all information you supply is accurate.


In order to provide personalised services to and analyse site traffic, we may use a cookie file which is stored on your browser or the hard drive of your computer. Some of the cookies we use are essential for the sites to operate and may be used to deliver you different content, depending on the type of investor you are.

You can block cookies by activating the setting on your browser which allows you to refuse the setting of all or some cookies. However, if you use your browser settings to block all cookies (including essential cookies) you may not be able to access all or part of our sites. Unless you have adjusted your browser setting so that it will refuse cookies, our system will issue cookies as soon as you visit our sites.


We store and use information you provide as follows:

  • to present content effectively;
  • to provide you with information, products or services that you request from us or which may interest you, tailored to your specific interests, where you have consented to be contacted for such purposes;
  • to carry out our obligations arising from any contracts between you and us;
  • to enable you to participate in interactive features of our service, when you choose to do so;
  • to notify you about changes to our service;
  • to improve our content by tracking group information that describes the habits, usage, patterns and demographics of our customers.

We may also send you emails to provide information and keep you up to date with developments on our sites. It is our policy to have instructions on how to unsubscribe so that you will not receive any future e-mails. You can change your e-mail address at any time.

In order to provide support on the usage of our tools, our support team need access to all information provided in relation to the tool.

We will not disclose your name, email address or postal address or any data that could identify you to any third party without first receiving your permission.

However, you agree that we may disclose to any regulatory authority to which we are subject and to any investment exchange on which we may deal or to its related clearing house (or to investigators, inspectors or agents appointed by them), or to any person empowered to require such information by or under any legal enactment, any information they may request or require relating to you, or if relevant, any of your clients.

You agree that we may pass on information obtained under Money Laundering legislation as we consider necessary to comply with reporting requirements under such legislation.


We want to ensure that the personal information we hold about you is accurate and up to date. You may ask us to correct or remove information that is inaccurate.

You have the right under data protection legislation to access information held about you. If you wish to receive a copy of any personal information we hold, please write to us at 3rd Floor, Hollywood House, Church Street East, Woking, GU21 6HJ. Any access request may be subject to a fee of £10 to meet our costs in providing you with details of the information we hold about you.


The data that we collect from you may be transferred to, and stored at, a destination outside the European Economic Area (“EEA”). It may be processed by staff operating outside the EEA who work for us or for one of our suppliers. Such staff may be engaged in, amongst other things, the provision of support services. By submitting your personal data, you agree to this transfer, storing and processing. We will take all steps reasonably necessary, including the use of encryption, to ensure that your data is treated securely and in accordance with this privacy policy.

Unfortunately, the transmission of information via the internet is not completely secure. Although we will do our best to protect your personal data, we cannot guarantee the security of your data transmitted to our sites; any transmission is at your own risk. You will not hold us responsible for any breach of security unless we have been negligent or in wilful default.


Any changes we make to our privacy policy in the future will be posted on this page and, where appropriate, notified to you by e-mail.


Our sites contain links to other websites. If you follow a link to any of these websites, please note that these websites have their own privacy policies and that we do not accept any responsibility or liability for these policies. Please check these policies before you submit any personal data to these websites.


If you want more information or have any questions or comments relating to our privacy policy please email [email protected] in the first instance.

 Information  X 
Enter a valid email address

Eros International (EROS)

  Print      Mail a friend

Thursday 29 September, 2011

Eros International

Trading Update

RNS Number : 1485P
Eros International PLC
29 September 2011

Eros International Plc


("Eros" or the "Company")


Trading Update


Eros International Plc, a leading global company in Indian filmed entertainment, announces a trading update for the six month period ended 30 September 2011.The Company has experienced a strong first six months and expects results for the year ended 31 March 2012 to be ahead of current consensus market expectations.


During the second quarter, Eros generated strong operating cash flows underpinned by the strong theatrical performances and television syndication of a number of films including Zindagi Na Milegi Dobara and Ready. Ready's gross box office receipts in the first week were among India's top three first week grossing films of all time.


During the second quarter, Eros continued its expansion into new international territories with film releases announced in Taiwan and South Korea and distribution agreements with broadcasters and distributors in Myanmar, Japan and Romania. The Company also widened the scope of its regional language releases with its agreement to co-produce a slate of films with a leading Punjabi production company.


Notwithstanding unstable economic conditions currently experienced by Western economies and the recent strengthening of the US Dollar which has adversely impacted the Indian Rupee exchange rate, the Indian economy, in particular the fundamentals of the Indian media and entertainment industry, remains extremely buoyant with consumer confidence levels high.


Eros' performance has remained robust and, with a strong second half release schedule expected to generate significant box office receipts, the improved cash inflows are expected to reduce the net debt position of the Company further.


The Company looks forward to the rest of the financial year with confidence.


Interim results for the six months ended 30 September, 2011 are expected to be announced in early November.





For further information, please contact:


Eros International Plc

Andrew Heffernan - CFO

Jamie Kirkwood - Head of Investor Relations & Special Projects

T: +44 (0) 20 7258 9906


Evolution Securities Limited

Nominated Adviser

Jeremy Ellis / Chris Clarke

T: +44 (0) 20 7071 4300


Investec Bank Plc

Joint broker

Patrick Robb / Carlton Nelson

T: +44 (0) 20 7597 5000


Peel Hunt LLP

Joint broker

Richard Kauffer / Dan Harris / Andy Crossley

T: +44 (0) 20 7418 8900


Pelham Bell Pottinger

Nick Lambert / Victoria Geoghegan / Elizabeth Snow

T: +44 (0) 20 7861 3232



About Eros International Plc


·      Eros acquires, co-produces and distributes quality Indian film content, worldwide, across multiple formats 


·      Established in 1977 with a vision to become the gateway for Indian content worldwide and Hollywood content in India, Eros has over three decades of market experience in creating a global platform for Indian cinema 


·      In 2006, Eros became the first Indian media company to obtain a listing on the AIM Market of the London Stock Exchange 


·      In October 2010, Eros International listed its Indian subsidiary Eros International Media on the BSE & NSE in India. Eros operates in five continents and over 50 countries with offices throughout India, the United Kingdom, USA, UAE, Singapore, Australia, Fiji and the Isle of Man


This information is provided by RNS
The company news service from the London Stock Exchange

a d v e r t i s e m e n t