on REWORLD MEDIA (EPA:ALREW)
Reworld Media: growth of 0.5% in turnover in the first quarter of 2024
In the first quarter of 2024, the Reworld Media group posted a turnover of 129.2 million euros, a slight increase of 0.5% compared to the same period in 2023. This result is driven by the solid performance of BtoB division, up 8.4%, reaching 74.3 million euros.
The BtoC division recorded a drop of 8.5%, with a turnover of 54.9 million euros. This decrease is mainly due to an unfavorable base effect and a difference in publication calendar.
The success of digital activities, which represent 84% of the BtoB division's turnover, as well as performance-based offers and on social networks, contribute to this growth. Furthermore, Reworld Media continues its international expansion with 36% of its turnover generated outside France.
R. H.
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