Europacorp (FR:ALECP) has released an update.
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EuropaCorp achieved a modest net profit of €0.9m, supported by a strong catalogue performance and cost-saving measures, despite a slight decrease in consolidated annual revenues to €35.3m. The company’s operating profit remained stable at €3.6m, with an operating margin of 10%, and a robust net operating cash flow of €18.4m enabled investment in new film projects and financial commitments. EuropaCorp is preparing for future growth with an English-language film set to release in Q3 2024 and two more in production.
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