In 2015, Fimalac generated consolidated revenue of €261.5 million, compared with €114.8 million in 2014.
(in € millions) | 2014 | 2015 | |||
Digital Activities (Webedia) | 62.3 | 134.7 | |||
Entertainment Activities | 41.6 | 112.9 | |||
Real Estate Activities | 10.9 | 13.9 | |||
Consolidated revenue | 114.8 | 261.5 |
Fimalac's Digital sector, which corresponds to Webedia, contributed €134.7 million to consolidated revenue in 2015, compared with €62.3 million in 2014. The sharp increase reflects both sustained organic growth and business expansion, in France and internationally.
Revenue in the Entertainment sector amounted to €112.9 million in 2015, compared with €41.6 million in 2014. The improvement was notably led by scope increases in the entertainment and sports venue management business as well as in the live entertainment production business.
Fitch Group, in which Fimalac holds a 20% equity-accounted interest, reported revenue of $1,168.7 million in 2015, compared with $1,118.4 million in 2014. On a like-for-like basis, i.e. based on a comparable scope of consolidation and at constant exchange rates, revenue rose 8.7%, with a particularly strong performance in the United States.
Paris
February 1, 2016
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Source: FIMALAC via Globenewswire