FIMALAC Fimalac's consolidated revenue for the first half of 2016 totaled €155.4 million compared with €85.5 million for the same period of 2015. The strong 81.8% increase was partly attributable to the Group's development initiatives in the Digital sector and also in the Entertainment sector.
| (in € millions) | First-half 2015 | First-half 2016 | ||
| Digital Division (Webedia) | 45.8 | 94.6 | ||
| Entertainment Division | 32.9 | 53.0 | ||
| Real Estate Division | 6.8 | 7.8 | ||
| Consolidated revenue | 85.5 | 155.4 |
Fimalac's Digital Division, represented by Webedia, contributed €94.6 million to consolidated revenue for the first half of 2016 compared with €45.8 million for the prior-year period, a performance that comfortably exceeded the division's business plan objectives. Revenues in France more than doubled, totaling €69.9 million versus €34.3 million in the first half of 2015. International revenues rose to €24.7 million from €11.5 million, representing some 26% of the consolidated total, with gain reflecting the Group's increasingly strong presence in countries such as Germany and Brazil, as well as more recent development initiatives in the United States.
Entertainment Division revenues amounted to €53 million for the first half of 2016 compared with €32.9 million for the same period of 2015. The improvement was led by scope increases in the entertainment venue management business as well as in the live entertainment production business.
Paris
July 25, 2016
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Source: FIMALAC via Globenewswire
