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on INVIBES ADVERTSING (EPA:ALINV)

Invibes Advertising Reports 6% Increase in Q1 2024 Sales

Invibes Advertising, a digital advertising technology company, has announced a 6% sales growth in the first quarter of 2024, totaling €5.5 million. This growth is attributed to strong performances in markets such as Germany, UK, Italy, and Belgium. Additionally, prominent international retailers like Hewlett Packard Entreprise and Intel have launched advertising campaigns with Invibes. Furthermore, the company plans to enhance its international presence by entering the United States, Mexico, and Singapore, aiming to capitalize on global market opportunities.

The company has also strengthened its leadership with new appointments. Nathan Stallard is named as the US Country Director, bringing extensive experience in the advertising sector, and Elsa Trang will serve as the Commercial Director in Singapore, leveraging her substantial marketing expertise. Both appointments are strategic moves intended to drive growth in these new markets. Invibes' co-CEOs, Kris Vlaemynck and Nicolas Pollet, express confidence in the potential success in the USA and Singapore through these experienced leaders.

R. H.

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