Your Family Entertainment AG: Excellent double-digit growth in sales and strong earnings in the first half of 2022
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EQS-News: Your Family Entertainment AG
/ Key word(s): Half Year Report/Half Year Results
Corporate News Your Family Entertainment AG
Due to successfully implemented capital measures, YFE overall reduced its net debt position significantly from EUR 8.1 million to EUR 774k. The Company’s program licensing segment is developing particularly well: YFE signed a contract with Austrian broadcaster ORF for the series "Superhero Kindergarten" (Arnold Schwarzenegger/Stan Lee) and there was overall high demand from e.g streaming platforms for licenses from YFE’s popular catalog. The broadcasting segment has also developed favorably: YFE was able to secure a slot on Deutsche Telekom’s "Magenta.tv" platform for its channel "RiC TV", thus significantly increasing the Free TV channel’s technical reach. YFE COO Bernd Wendeln: "We have succeeded in setting new milestones for the company. Our products and brands are becoming more and more popular, and we will continue this development." About Your Family Entertainment Aktiengesellschaft (YFE).
Contact at Your Family Entertainment AG
10.10.2022 CET/CEST Dissemination of a Corporate News, transmitted by EQS - a service of EQS Group AG. |
| Language: | English |
| Company: | Your Family Entertainment AG |
| Türkenstraße 87 | |
| 80799 München | |
| Germany | |
| Phone: | +49 (0)89 997 271-0 |
| Fax: | +49 (0)89 997 271-91 |
| E-mail: | ir@yfe.tv |
| Internet: | www.yfe.tv |
| ISIN: | DE000A161N14 |
| WKN: | A161N1 |
| Listed: | Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Stuttgart |
| EQS News ID: | 1459851 |
| End of News | EQS News Service |
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1459851 10.10.2022 CET/CEST
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