FIMALAC : Third Quater 2012 Financial Information
(Thomson Reuters ONE) -
* Third quarter of fiscal 2012 (April 1 - June 30, 2012)
* First nine months of fiscal 2012 (October 1, 2011 - June 30, 2012)
I) Fimalac's consolidated revenue
In line with the applicable accounting standards, Fitch is no longer fully
consolidated by the Fimalac Group. As a result, it no longer contributes to
Fimalac's consolidated revenue which now corresponds primarily to the revenue
generated by Vega's entertainment venue management business. On this basis,
consolidated revenue for the third quarter of fiscal 2012 amounted to ?9.1
million compared with ?7.3 million for the same period of fiscal 2011.
The total for the first nine months of the fiscal year (October 1, 2011 to June
30, 2012) was ?27 million versus ?21.3 million for the year-earlier period.
II) Fitch
For information, Fitch's revenue performance was as follows:
1) Third quarter revenue
Fitch Ratings' revenue for the third quarter of fiscal 2012 (April 1 to June
30, 2012) totalled ?165.7 million ($213.2 million) compared with ?137.7 million
($197.7 million) for the same period of fiscal 2011, representing an increase of
20.3% as reported and 11.9% like-for-like (based on a comparable scope of
consolidation and at constant exchange rates).
2) Revenue for the first nine months
In the nine-month period from October 1, 2011 to June 30, 2012, Fitch generated
revenue of ?452.3 million ($592.9 million) compared with ?401.5 million ($557.3
million) for the year-earlier period. This represented a strong 12.7% increase
as reported and an above-budget 8.7% increase like-for-like.
III) Other information
The ?81.9 million net gain realized in April 2012 on the sale of a further 10%
of Fitch Group was recorded in profit for the third quarter of the 2012 fiscal
year which will cover the 15 months to December 31, 2012 following the change in
the Group's year-end.
CA1sem1112:
http://hugin.info/143461/R/1629433/521874.pdf
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: FIMALAC via Thomson Reuters ONE
[HUG#1629433]
Unternehmensinformation / Kurzprofil:
Bereitgestellt von Benutzer: hugin
" alt="Rock Tech Updates Resource Estimate at Georgia LakeDatum: 25.07.2012 - 18:11 Uhr
Sprache: Deutsch
News-ID 168727
Anzahl Zeichen: 2855
contact information:
Town:
Paris
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 258 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"FIMALAC : Third Quater 2012 Financial Information"
steht unter der journalistisch-redaktionellen Verantwortung von
FIMALAC (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
