Kidz Entertainment shows strong growth in 2010

Firm enjoys leap of over 50 per cent last year; in-roads also being made into Russia.
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Kidz Entertainment/EEMC enjoyed record top line growth of more than 50 per cent in 2010, the firm has revealed.

The latest batch of figures shows a sustained period of expansion for the firm, coming on the back of 35 per cent growth in 2009.

As well as its Nordic and Eastern Europe heartland, Kidz is aso making further in-roads into Russia, with revenues there more than doubling year on 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," commented Morten Geschwendtner, CEO of Kidz Entertainment/EEMC. "We have a very strong and dedicated team who are responsible for delivering this sustained growth, as well as close and productive relationships with all our licensors.

"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."

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