RESULT1S14ENFimalac's consolidated revenue, which does not include that of associates accounted for by the equity method, totaled €52.1 million in first-half 2014. The increase compared with the €23.6 million reported in the year-earlier period was attributable to the development of the new Digital sector and of the Entertainment sector.
Profit attributable to equity holders of the parent amounted to €37.5 million in the first half of fiscal 2014, up slightly compared with €36.8 million for thesame period of 2013.
The total included Fimalac's 50% share of the profit of Fitch, which is accounted for by the equity method. Fitch continued to perform well, reporting recurring operating profit of €144.3 million versus €139.6 million in first-half 2013.
As is traditionally the case, the contribution of 40%-owned Groupe Lucien Barrière was not material. This sub-group, which is also accounted for by the equity method, has an October year-end. It makes most of its profit in the summer and its first-half results concern the unrepresentative winter months of November to April.
The Digital and Entertainment sectors are still in the development phase. The main acquisitions for the period by the Digital sector were completed in June and they made only a limited contribution to profit for the period. In June, Webedia acquired Jeuxvidéo.com, a leading French video game website, and at the end of the month, it strengthened its presence in the cinema news media segment in Germany - a segment in which its Allociné subsidiary is market leader in France - with the acquisition of MoviePilot.