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Edge12 Dec 2025
Running on Clouds: The Story of On
The story of how a Swiss runner's pursuit of a new running sensation became On, aiming to be the most premium global sportswear brand worldwide.
EuropaCorp (ALECP) investor relations material
EuropaCorp H1 25/26 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.H1 25/26 earnings summary10 Dec, 2025
Executive summary
Revenue rose 21% year-over-year to €13.8 million, driven by strong TV/SVOD sales in France and the US.
Operating margin improved to €4.0 million (29% of revenue), up from €0.7 million (6%) last year.
Net loss narrowed to €2.0 million, mainly due to a €2.0 million negative foreign exchange result.
Operating cash flows of €7.4 million fully covered investment outflows.
Financial highlights
TV/SVOD sales in France and the US surged 120% to €7.5 million, representing 54% of total revenue.
International sales were €5.3 million (38% of revenue), down €0.7 million year-over-year due to lower US royalties.
Cost of sales decreased to €9.8 million, reflecting lower amortization expenses.
General and administrative expenses increased slightly to €4.2 million, mainly from a one-off strategic advisory assignment.
Financial result was negative €1.8 million, impacted by a €2.0 million foreign exchange loss.
Outlook and guidance
Group expects to report a loss for the fiscal year ending March 31, 2026.
New feature film Father Joe began production in October 2025, with additional projects in development pending financing.
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Next EuropaCorp earnings date
H2 25/2622 Jun, 2026
Next EuropaCorp earnings date
H2 25/2622 Jun, 2026
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