on REWORLD MEDIA (EPA:ALREW)
Reworld Media: 2024 Results in a Slowing Market
Reworld Media announced its results for the 2024 financial year, recording revenue of €534.7 million, a slight decline of 2.7% compared to 2023. The Group maintained an EBITDA margin of 10.1% despite a 9.3% decline in this indicator to €53.8 million. Adjusted net profit increased by 38.8% to €27.2 million.
The B2C division saw a 7.0% decrease in revenue, while the B2B division posted slight growth of 0.8%. The B2B division was particularly resilient in the face of the slowdown in communications in the second half of the year.
The Group continues to expand internationally, representing 35% of its consolidated revenue. With a strengthened CSR strategy, Reworld Media is positioning itself for future growth, despite an uncertain market environment.
R. H.
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