from ANTEVENIO (EPA:ALANT)
ISPD: H1 2024 revenues
ISPD : H1 2024 revenues
Madrid, July 24, 2024 – 8h00 - ISPD (ISIN ES0109429037), an international marketing and communication services company, today presents its revenues for H1 2024, ending June 30, 2024.
(in million euros) | H1 2024 | H1 2023 | Change |
Consolidated revenues (1) | 68.8 | 57.9 | +19% |
Net revenues (2) Net pro forma revenues (3) | 68.5 68.5 | 57.6 | +19% |
71.9 | -5% | ||
Pro forma revenues by segment Publishing | 2.3 | ||
2.3 | - | ||
Technology and Marketing Services | 8.0 | 7.0 | +14% |
Digital Media Trading | 65.8 | 67.6 | -3% |
(1) Excluding intra-group sales: €7.2m in H1 2024 (€4.8m in H1 2023)
(2) Revenues less volume discounts on ad sales
(3) Pro forma sales calculated by reintegrating the advertising space sales in Mexico, invoiced to clients directly by the publisher since the second half of 2021 under the new law on advertising transparency that has since been amended. ISPD Mexico started billing again advertising space to clients since October 2023.
« The figures for the first half of 2024 show ISPD capabilities to continue its growth dynamics, compensating volume losses as a result of the turnover in the client portfolio as usual in the sector, thanks to a wide geographical presence and its offer of value-added services. » déclare Andrea Monge, CEO d’ISPD.
H1 2024 highlights _________________________________________________________________________
• A pause in growth due to the non-renewal of one of the Group's largest clients in the USA.
• A limited decrease in pro forma net sales (-5% to €68.5m), thanks to good performances in Europe and Latin America, which offset the decline in the USA.
• Breakdown of pro forma sales by market: USA 32% (55% in H1 2023), Latin America 49% (32% in H1 2023), Europe 19% (13% in H1 2023).
• Digital Media Trading services remain the Group's most buoyant market segment. Adjusted for sales relating to the client not renewed in the USA, they continue to post double-digit growth in the first half, with very strong momentum in the e-commerce segment.
• Confirmation of the recovery in Technology and Marketing Services, with growth of 14% to €8.0m.
Outlook __________________________________________________________________________________
ISPD's offering, strengthened by the IT investments made in 2023, remains highly attractive to brands as it meets their new digital marketing needs. The non-renewal of the customer in the USA will have a negligible impact on H2 revenue growth and, supported by a strong sales momentum, the Group expects solid growth in the second half of the year.
ispd.com | @ispdglobal
Next date:
H1 2024 results, October 10, 2024 (before stock market opening)
About ISPD
ISPD is a marketing and communications services group that reshapes the relationship between people and brands. Our agencies combine cognitive science and creativity to offer comprehensive solutions to our clients. We have a multidisciplinary team of over 500 experts in research, data science, storytelling, shopper marketing, gaming, media, technology solutions and consulting to deliver innovative results for our clients. The group is listed on Euronext Growth, Paris (ALISP). If you want to know more, visit us at ispd.com
Contact
ISPD CALYPTUS
Jordi Ustrell Mathieu CALLEUX / Darius DINU jordi.ustrell@ispd.com Tél. : +33 1 53 65 68 68 shareholders@ispd.com accionistas@ispd.com ispd@calyptus.net
ispd.com | @ispdglobal