RESULTS
1st HALF 2024
26 september 2024
C O N T E N T ● B R A N D S ● T E C H N O L O G I E S
CONTENTS
INTRODUCTION
ACTIVITIES
ACCOUNTS
OUTLOOK
INTRODUCTION
NO. 1
THEMATIC
MEDIA &
ADTECH
PLATFORM
IN EUROPE
33% ofbusinessrevenue from international
+11,6% vs. S1 2023 81 active media brands
(a) ACPM, OneNext Global 2024 H1, 23 April 2024.
IN FRANCE
No. 1 magazine publisher
No. 3 media group on the web
No. 1 media group on social networks
The group reaches 7 out of 10 French people(a)
INTERNATIONAL
Leader in Europe in Adtech
With Tradedoubler
Established internationally in media, directly or by licence with
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KEY FINANCIAL FIGURES H1 2024
Context | Key figures | |||
- Ongoing conflicts in Ukraine and the Middle East
- US presidential elections and political uncertainty in France
- Inflation of 2.5% in France
- 6.5% growth in the communications market(b)
- Advertising investment focused on major sporting events (Paris 2024 Olympic Games, Euro 2024)
REVENUE:
€264.1M
-0.9%-€2.3m
vs. H1 2023 | vs. H1 2023 |
ADJUSTED NI (2):
€10.3M
+€5.7m 3.9%
margin
EBITDA(1): €22.8M
+1.5% 8.6%
vs. H1 2023 | margin |
Cash: €80.6M
€112.6m €18.1m
Net debt | Operating cash |
1.9x L12M EBITDA(3) | flow |
- EBITDA and EBIT excluding expenses related to bonus share plans reclassified as exceptional income.
- Consolidated net income excluding impairment of treasury stock, goodwill amortisation and deferred tax.
- L12M EBITDA: EBITDA over the last 12 months (H2 2023 and H1 2024).
(b) The advertising market for H1 2024 and 2024 forecasts, #BUMP2024, 10 September 2024.
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GROWTH IN PROFITABILITY
€m | Revenue | EBITDA(1) | |||
-6.9% | +4.3% | -0.9% | +16.1% -6.5% +1.5% | ||
266.4 | -8.5 | +6.2 | 264.1 | +1.3 | |
22.5 | 22.8 | ||||
-0.9 | |||||
H1 2023 BTOC BTOB H1 2024
8.4%8.6%
H1 2023 BTOC BTOB H1 2024 | EBITDA margin (%) |
BTOC
Decrease in revenue accentuated in Q1: one-offeffect linked to publication schedule
EBITDA margin up 1.6 pts due to lower
industrial costs
BTOB
Record first-half revenue, thanks to the success of performance-based offerings and social networks
Strategic investment in growth
drivers
(1) EBITDA excluding expenses related to bonus share plans reclassified as exceptional income. | 7 |
ACTIVITIES
MORE THAN 80 POPULAR BRANDS COVERING 12 THEMES
HEALTH WELL BEING
WOMEN FOOD | YOUTH | AUTO | LIFESTYLE |
SCIENCE ENTER- TECH
CULTURE TAINMENT GAMING
SPORT NATURE HOME
Source : ranking based on Médiamétrie//Netratings measure, Global Internet Audience in France, average from January to July 2024 in single monthly visitors in France.
NO.1 MAGAZINE
PUBLISHER
No. 1 for circulation in France
Leader in thematic offerings at > 20,000 press points of sale
89.8 million 77 titles
Copies distributed in France(c) published in H1 2024
1.6 million | 308,000 |
Paid subscriptions | Diversified subscriptions |
Leader in hyper- and supermarket press offerings at > 5,000 points of sale
64 titles
on sale in H1 2024
7 magazines in the Top 30
most read in France (c)
3.1 million readers
4.7 million readers
1.9 million readers
(c) Diffusion France Payée (DFP), ACPM, September 2024, DSH 2023/2024.
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