Paris — Bolstered by its powerful slate of English-language movies and TV series, EuropaCorp
— topped by founder Luc Besson
and CEO Christophe Lambert
— posted a record €19.6 million ($25.5 million) net profit with a robust 16.3% in operating profit margin for 2012-13, after breaking even during the previous financial year.
Ending on March 31, the financial year’s revenues rose 10% to $241.8 million.
″‘s B.O. tsunami gave the shingle a big push. French theater admissions were up 16% to $21 million. Besides “Taken 2
,” pictured above, other EuropaCorp
titles that performed well included French-language spy thriller “Mobius,” starring Jean Dujardin
, and romantic comedy “It Boy.”
TV production and international sales, including catalog sales, were key profit drivers.
Underscoring the company’s successful diversification strategy, revenues from TV series reached $37 million, repping 15.3% of overall annual revenue — compared to 5.2% for the previous financial year. Revs were upped by royalties from such high-profile series as “Xiii,” “No Limit
” and “Flight of the Storks.