Our Financial Information
A Word from the Chairman
MEDIA6 Group has reached two key milestones during this fiscal period. First, the Group recorded a positive balance sheet after integrating Ateliers Normand, which allowed the Group to increase its work managing all trades and completing high-end projects. All of our fitting activities were successfully brought under one roof at the Sainte-Pazanne location.
The Group also notes that its MEDIA 6 Production PLV subsidiary returned to profitability, posting strong turnover growth (+59.2%).
The 2015/2016 fiscal period was marked by solid growth with turnover of €70.0 million (+11.1%).
The Group’s operational results grew +36% in comparison with 2015 results before goodwill depreciation. The fiscal period’s net result is positive at €0.2 million.
Cash flow from operating activities came to €4.2 million, covering the year’s investments (€2.5 million compared to €1.3 million in the previous fiscal year), dividend payments and stock buyback. At the end of the fiscal year, MEDIA6 Group maintained an excess cash balance of more than €15.1 million.
The Group begins the 2016/2017 fiscal year with solid activity levels across all units and is targeting new growth, while remaining cautious.
Chairman MEDIA6 Group