Peppa Pig owner Entertainment One in La La Land (to an extent) as shares bounce on growing revenues and earnings

 
William Turvill
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Hamleys Toy Parade 2016
Peppa Pig (left) is one of the stars of Entertainment One (Source: Getty)

Entertainment One, the company behind A-list cartoon celebrity Peppa Pig, has seen its shares bounce two per cent this morning after it reported growing revenues and earnings.

Without releasing exact figures, EOne said in a trading update that its reported turnover has shown “significant growth, having almost doubled against the previous year”.

Earnings before interest, taxation, depreciation and amortisation (Ebitda) are also expected to be “materially ahead of the previous year”.

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EOne said its revenue performance was driven by series such as Designated Survivor, Ransom, Mary Kills People and Cardinal.

The most successful EOne films of the year included The Girl on the Train, La La Land, Jackie and Lion.

The company also revealed full production for Sharp Objects, an adaptation of a book by Gone Girl author Gillian Flynn, will be “commencing shortly”.

The family division, led by Peppa Pig, continues to go from “strength to strength”, with reported revenues for the year expected to be up 25 per cent.

Read more: Oinkredible: British national Peppa Pig is nearly a $1.5bn global brand

EOne is attempting to grow the presence of Peppa Pig in the US. Today, it reported annual American retail revenues of more than $200m (£160m) for the pig.

Chief executive Darren Throop said:

Management anticipates that the group will deliver a full year performance in line with expectations as it continues to deliver against its stated strategy of increasing the quality and value of its library of content.

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