Sustained organic growth of +50% in H1 2022
London, July 202022 – Invibes Advertising, a high-tech company specializing in digital advertising, achieved a turnover of €13.1m in the first half of 2022, with sustained organic growth of 50% compared to the first half of 2021.
Breakdown of consolidated turnover
data, in K€
|H1 2022||H1 2021||Δ|
|Existing countries (1)||9,978||7,061||+41%|
|New countries (start-ups) (3)||196||20||x10|
|TOTAL 1ST HALF||13 100||8,714||+50 %|
(1) France, Spain, Switzerland and ML2GROW
(2) Germany, United Kingdom, Italy and Belgium
(3) Sweden, Norway, Denmark, South Africa, Netherlands, United Arab Emirates, Poland and Czech Republic
This strong organic growth is all the more notable as it is based on an exceptional performance in the first half of 2021.
All existing countries (France, Spain, Switzerland and ML2Grow) as well as those in the scale-up phase (Germany, United Kingdom, Italy, Belgium) contributed to this performance in the first half.
To support this strong momentum, Invibes Advertising continued to invest over this period in order to increase its sales force in all these countries. In addition, the 6 countries opened in 2021 and currently in the “start-up” phase are gaining momentum, with operational teams in place which have been further reinforced with new talents during these first six months, enabling them to contribute quickly and significantly to the overall growth of the Group.
Finally, the international expansion on which the company’s development has been built since its creation continues in 2022 with the recently announced opening of two offices in Central and Eastern Europe (Warsaw in Poland and Prague in the Czech Republic).
This very sustained rate of growth recorded by the Group semester after semester could be temporarily slowed down by the current macro-economic environment if it were to deteriorate further in the months to come. Nevertheless, the management of Invibes Advertising remains confident because the development of the Group is based on solid fundamentals such as the continued digitization of the advertising market, the increase in its international activities and its ability to adapt to changes. of the market. These factors have already enabled the Group to show resilience in difficult environments in the past.
Next release: half-year results, September 7, 2022, after market
About Invibes Advertising
Invibes Advertising is a leading technology company specializing in digital advertising. Its innovative solutions are based on an in-feed format, integrated with media content.
Invibes is inspired by social media advertising and develops its own technology to help brands communicate better with consumers. Its technology is optimized to be broadcast on a closed network of media groups, including Bertelsmann, Hearst, Unify, Groupe Marie Claire, Axel Springer and many others. Clients include major brands such as Mercedes, Samsung, Levi’s and IBM.
Founded in 2011, Invibes Advertising is listed on the Euronext stock exchange (Ticker: ALINV – ISIN: BE0974299316). Visit www.invibes.com for more information.
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2022 07 20 – PR – Invibes Advertising – EN