Innelec Multimedia SA (FR:ALINN) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
INNELEC MULTIMEDIA SA reported a 15% growth in revenue to €187M for the 2023-24 fiscal year with a current operating result of €2.56M, despite a slight drop in net result from the previous year. The company witnessed strong sales in the Video Games and Consoles sector, particularly from Sony PlayStation PS5 console sales. Looking ahead, INNELEC plans to continue its development strategy, optimizing costs and expecting new product launches to stimulate the next financial year’s sales.
For further insights into FR:ALINN stock, check out TipRanks’ Stock Analysis page.