EuropaCorp reported audited consolidated revenue results for the second half and year ended March 31, 2016. For the year, the company reported revenue of EUR 147.2 million, down 35%, mainly due to only one film with broad international appeal distributed during the financial year and a limited theatrical distribution activity in France compared to the previous financial year which included 3 blockbusters' releases. The company reported revenue of EUR 226.9 million for the year 2015.

For the second half, the company reported revenue of EUR 70.6 million against EUR 128.9 million a year ago.

The company expects loss for the fiscal year 2016, due to lower revenue. The company's diminished level of releases over the financial year will impact earnings for fiscal year 2016.