on INNELEC MULTIMEDIA (EPA:INN)
Slowdown in Turnover for Innelec in the First Nine Months of Fiscal Year 2025/2026
Innelec Multimedia announced revenues of €86.5 million for the first nine months of fiscal year 2025/2026, a 10% decrease compared to the same period of the previous year. This decline is attributed to slower sales of consoles and accessories, partially offset by stable game sales and a 13% increase in licensed merchandise.
While the company had seen an initial recovery in the first half of the year, activity slowed in the third quarter amid a cautious market environment. Despite this decline, Innelec remains confident in its ability to rebound as soon as the market improves, thanks to a sound financial position and an adjusted cost structure.
R. H.
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