PARIS, May 13 (Reuters) – The French audiovisual group Banijay, which plans to go public, announced on Friday that it posted a profit of 12 million euros in the first quarter against a loss of 21 million a year earlier.
The company also indicates in a press release that its revenues reached 677 million euros over the first three months of the year against 544 million a year earlier.
Banijay’s parent company announced at the beginning of the week its plan to float the audiovisual group on the stock market by merging with a SPAC supported by Bernard Arnault as part of an operation valued in total at more than 4 billion euros. nL5N2X275G
(Written by Matthieu Protard, edited by Camille Raynaud)