on NetMedia Group (EPA:ALNMG)
NetMedia Group: Half-year results 2024
NetMedia Group, specializing in BtoB communication and media, has revealed significantly improved results for the first half of 2024. Despite a 20% drop in turnover, reaching €9.64 million, the group has shown a significant improvement in its profitability.
EBITDA is almost balanced at -€0.03 million, up from the loss of -€1.95 million recorded in the first half of 2023. Operating income is also balanced after a loss of -€1.31 million the previous year.
The Activation division's turnover increased by 10%, while the Consulting and Media divisions recorded a decrease. International activities represent 15% of revenues. The financial situation is solid with equity capital up to €2.28 million.
The group is planning a capital increase to strengthen its cash flow. CEO Hervé Lenglart highlights an optimized organization ready for profitable growth.
R. H.
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