8 October 2012 4:00 PM, PDT | The Guardian - TV News | See recent The Guardian - TV News news »

Aardman says its pre-school programmes Timmy Time and World of Invention continue to 'recoup quicker than expected'

The creator of Wallace and Gromit and Shaun the Sheep has more than doubled its turnover in the UK, thanks to the success of two Hollywood blockbusters.

Profits from Arthur Christmas and Pirates! In an Adventure with Scientists were not included in the results for Aardman Holdings, although the jump in revenues – from £53.5m in 2010 to £66.8m in 2011 – does include upfront fees from Sony Pictures, the company's Hollywood producer.

Aardman, which has published its annual accounts, said a new series of its pre-school programmes Timmy Time and Wallace and Gromit's World of Invention, both shown on the BBC, had been well-received and "continued to recoup quicker than expected".

However, fewer episodes of Timmy Time had been sold to other European countries, resulting in revenues from the EU falling from £4m to £1.8m. UK revenues, »

- Simon Neville

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