Ymagis Group Reports 2017 Half-Year Financial Results
Ymagis Group today reported its earnings and consolidated financial results for the first half year of 2017 ending June 30, as approved by the Group’s board of directors following its meeting on September 29. As of June 30, 2017, Ymagis Group’s revenues are slightly down by 1.5 percent at €82.3M compared to €83.6M for the same period last year. The strong acceleration in activities from the Eclair Business Unit, for which the recent acquisitions are the main growth driver, does not compensate the less important contribution during the first half-year of equipment sales by the CinemaNext Business Unit and the first effects of VPF recoupments.