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Netgem gross margin rises 11% to EUR 33.6 mln in 2013

Thursday 10 April 2014 | 09:24 CET | News
French STB Netgem reported a gross margin up 11 percent to EUR 33.6 million in 2013, compared with EUR 30.2 million a year earlier, including the activity of the Videofutur store chain since early 2013, when it was taken over by Netgem. The company's current operating income decreased by 17 percent to EUR 10.2 million from EUR 12.3 million, for an unchanged net profit of EUR 9.3 million. Operating expenses increased by 31 percent to EUR 23.4 million due to the Videofutur consolidation and a 26 percent rise in R&D investment. In the first quarter of 2014, consolidated revenue grew by 18

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Categories: Broadcast & Satellite / Internet
Companies: Netgem / Videofutur
Countries: France / Mexico / World
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