FIMALAC : Revenue for nine months ended September 30, 2015

26.10.2015 18:00:00 CET

Fimalac's consolidated revenue for the first nine months of 2015 was up 84% to €137.8 million compared with €74.9 million for the same period of 2014.

(in € millions) 9 months
2014
  9 months
2015
   
           
Digital Activities 41.5   76.7    
Entertainment Activities 25.7   50.6    
Real Estate Activities 7.7   10.5    
           
           
Consolidated revenue 74.9   137.8   +84%

Fimalac's Digital sector contributed €76.7 million to consolidated revenue for the first nine months of 2015 compared with €41.5 million for the prior-year period, reflecting growth that is outpacing the business plan targets for the different activities, both in France and abroad.

Revenue in the Entertainment sector amounted to €50.6 million for the first nine months of 2015 compared with €25.7 million for the same period of 2014. The sector's contribution corresponds for the most part to the entertainment venue management business and to the sports center business which was expanded during the period. The entertainment production business is primarily operated through associates which are accounted for by the equity method and therefore do not contribute to consolidated revenue.

The 20% interest held in Fitch Group is also accounted for by the equity method. Fitch Group reported revenue of $877.7 million in the first nine months of 2015 versus $838.5 million in the year-earlier period. On a like-for-like basis, i.e. based on a comparable scope of consolidation and at constant exchange rates, revenue rose 8.7%, with a particularly strong performance in the United States.

Paris,
October 26, 2015.

CA0915EN