on MEDIA 6 (EPA:EDI)
MEDIA 6 first half 2023-2024 results
MEDIA 6, point-of-sale marketing specialist, has published its results for the first half of the 2023-2024 financial year, ending September 30, 2024. Turnover amounts to €43.8 million, in decrease of 3.3% compared to the previous year. This decrease is explained by a high basis of comparison after the post-Covid rebound of 2022-2023.
The company recorded an operating loss of €0.5 million, compared to a profit of €833 thousand the previous year. The net result shows a loss of €677 thousand, compared to a profit of €301 thousand over the same period last year.
Despite these results, the financial structure remains solid with shareholders' equity of €28.5 million as of March 31, 2024. Net financial debt stands at €7.7 million. The group is preparing to maintain its activities in a still uncertain market context.
R. H.
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