on INNELEC MULTIMEDIA (EPA:INN)
INNELEC MULTIMEDIA: Revenue up in the first half of 2025/26
Innelec Multimedia announces revenue of €47.8 million for the first half of fiscal year 2025/26, representing a 5% increase compared to the previous year. This performance is attributable to a gradual recovery in business activity, particularly thanks to a strong second quarter generating €31.9 million, a 7% increase compared to 2024/25.
Sales of licensed merchandise grew by 20%, driven by the launch of Nintendo's Switch 2, which boosted video game and console sales by 17% and 22% respectively. The company reaffirmed its cost-cutting strategy and is positioning itself for a return to operational profitability in the current fiscal year.
R. E.
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