on REWORLD MEDIA (EPA:ALREW)
REWORLD MEDIA: Stability of turnover in the 1st half of 2024
Reworld Media posts consolidated turnover of €264.1 million in the first half of 2024, down slightly by -0.9% compared to 2023. The BtoB division reaches a record turnover of €149.9 million , up +4.3% thanks to the dynamics of digital activities. On the other hand, the BtoC division recorded a decrease of -6.9%, reaching €114.2 million.
The BtoC division is suffering the effects of a tense consumer market but limits its losses thanks to a return to historical trends in the 2nd quarter. Subscription offers represent 45% of BtoC turnover and direct sales 55%. In addition, Reworld Media continues to diversify its revenues and increase sales prices.
Despite a less favorable context for investments in thematic media, the BtoB division shows continued growth. Digital activities, representing 90% of BtoB revenue, are driving growth thanks to social networks and new levers such as marketing influence and content to commerce.
R. P.
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