Kidz Ent. Reports 50 Percent Growth


Kidz Entertainment/EEMC has reported top line growth of 50 percent during 2010. The figures follow growth of 35 percent in 2009, indicating a sustained period of expansion for Kidz thanks to a focus on growth in all its territories, most notably in Russia, where revenues have more than doubled each year. 


"We are delighted with these latest figures–it represents a record year for our top line and is also backed up by a strong bottom line," says Morten Geschwendtner, chief executive officer of Kidz Entertainment/EEMC. "We expect to continue our double digit growth in 2011 and deliver yet another record year for both our top and bottom line, which will enable us to invest further in our markets and ensure we continue to deliver strong results for all our partners."