FY 2015-2016 TARGETS
Non-IFRS Operating Income : minimum 200 M€
Positive Free Cash Flows
****KEY DRIVERS****
*Built on a mix of topline, gross margins and operating margins strengths
*Resurgent growth of the market in calendar 2015
*Very strong line-up
*Another improvement in gross margin
*Significant growth of high margins back-catalog revenues
*Further improvement of the profitability of FTP business
*Positive effects of improved efficiency in marketing spending
=> THEY SEEM REALLY CONFIDENT ABOUT EXCELLENT RESULTS IN 2015-2016 (on top of great results in 2014-2015) !!!
THAT’S VERY GOOD NEWS
