EuropaCorp: positive net income in 2023-24
(CercleFinance.com) - EuropaCorp has reported positive net income of 0.
9 million euros for its 2023-24 fiscal year, 'thanks to the sustained activity of its catalog, the relaunch of its productions and the continued control of overheads, which are still on a downward trend'.
Annual sales fell by 6% to 35.3 million euros, due in particular to lower international sales than in the previous year (on deliveries of fresh films abroad and royalties received from US studios).
"As for the upcoming line-up, an English-language film will be released in theaters in the third quarter of 2024, and two others are currently shooting", adds the film producer and distributor.
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