Netgem posts €19.8m Q2 revenues

French STB manufacturer Netgem has posted revenues of €19.8 million in the second quarter, up from €17.6 million in the same period last year. International sales grew to €13.3 million from €7.5 million, but sales in France fell to €6.4 million from €10.1 million.

The Group recorded a current operating profit of €5.0 million for the first half of 2012, representing 13 per cent of revenue.

In a statement, Netgem said tthe connected television market continues to show high growth potential globally and reaffirmed its objective to double international sales between 2011 and 2014

You must be logged in to post a comment Login