EuropaCorp (ALECP) H2 25/26 TU earnings summary

Executive summary

• Full-year revenue reached €26.1 million, down 17% year-over-year, mainly due to lower international sales after a strong prior year from Dracula deliveries.

• TV/SVOD sales more than doubled, driven by new rights windows for catalogue titles, especially the Taxi franchise.

• The film Dracula achieved 650,000 admissions in France and $13 million at the U.S. box office, enhancing future catalogue value.

• Upcoming releases include Father Joe and Deviens Génial, with an active development slate of around fifteen projects.

Financial highlights

• International sales generated €11.7 million, representing 45% of total revenue, down from €22.0 million the previous year.

• TV & SVOD revenues rose to €12.1 million (46% of revenue), more than doubling year-over-year.

• Video & VOD revenues were €1.1 million, slightly down from €1.2 million year-over-year.

• Series revenue dropped to €0.1 million from €0.8 million, mainly from Taken series royalties.

• Other activities contributed €1.2 million, down from €2.2 million, due to lower co-production and private copying revenues.

Outlook and guidance

• Revenue from Dracula's U.S. exploitation will be recognized in the next fiscal year, expected to support future results.

• Strategy focuses on enhancing catalogue value, developing series from flagship franchises, and producing high-potential international content.

• Emphasis on strategic European co-productions and adapting to selective broadcaster and streaming platform demand.