Fimalac's consolidated revenue for the first quarter of 2017 amounted to €96.4 million compared with €74.9 million for the same period of 2016. This 28.7% year-on-year increase notably reflects robust growth reported by the Digital Division.

 (in € millions) Q1 2016

 
  Q1 2017
         
  Digital (Webedia) 44.8   60.9
  Entertainment 26.8   27.0
  Real Estate 3.3   8.5

 
         
         
 Consolidated revenue 74.9   96.4

The Digital Division contributed €60.9 million to consolidated revenue for the first quarter of 2017 versus €44.8 million for the equivalent prior-year period. Organic growth based on a comparable scope of consolidation and at constant exchange rates was in the region of 15%. On a reported basis and taking into account acquisitions, the Division posted a 35.9% revenue rise. International operations saw particularly strong growth, with revenue climbing to €17.9 million from €11.4 million and accounting for over 29% of the Digital Division's total revenue figure for first-quarter 2017.

Entertainment Division revenue amounted to €27 million compared with €26.8 million in the first three months of 2016. This relatively flat performance was due to the ongoing difficult operating environment for the live entertainment production business.

Revenue for the Real Estate Division advanced to €8.5 million from €3.3 million, mainly resulting from the purchase of a building in New York in June 2016.

Paris
May 9, 2017

CA1T17EN



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Source: FIMALAC via Globenewswire