Pinewood Shepperton issued its Interim Management Statement for the period 1 July 2011 to 14 November 2011 last week. It said: “In line with the statement made on 24 August 2011, trading and overall revenues for the period have continued to perform strongly”.

Film revenues have held up well and were “in line with the same period in 2010” says Pinewood. “Productions which used the Company’;s facilities and services during the period included Prometheus (Fox), Dark Shadows (Warner Bros), Snow White and the Huntsman (Universal), Anna Karenina (Working Title Films) and the commencement of the 23rd James Bond film Skyfall (Eon Productions/MGM/Sony Pictures).”

Television also appears to be on the up: “Competition from providers of smaller television studio space remains intense (but) demand for the Company”s large scale facilities for popular television production remains attractive to producers.  As a result television revenues are significantly ahead of the same period in 2010. During the period, the Company hosted prime time light entertainment television shows, Don”t Stop Me Now (Sky One), Lee Mack”s All Star Cast (Zepperton) and The Rob Brydon Show (talkbackTHAMES).”

As for other matters, the group said: “Media Park revenues are slightly ahead of the same period in 2010”. On Project Pinewood, it said: “The Planning Inspectorate has confirmed that the Inspector”s report was delivered to the Secretary of State for Communities and Local Government on 17 October.  The Company awaits a decision on its planning appeal in due course.”

Looking ahead it said: “The construction of a new 30,000 sq ft stage at Pinewood Studios remains on schedule and within budget.
Film stage revenues for the extended financial year ending 31 March 2012 are now largely contracted.
Revenues are expected to continue to perform well for the 15 month period as a whole.”