Invibes Advertising : Sharp rebound in business activity in Q3 2020.
29 Oktober 2020 - 05:45PM
Invibes Advertising : Sharp rebound in business activity in Q3
2020.
Press release
Sharp rebound in business activity in Q3 2020
- 38% growth in Q3 2020
- Nine-month cumulative revenue up 14%
- 100-employee milestone reached in Europe
- Pan-European solution to launch by year's end
London, 29 October 2020 – Invibes
Advertising, an advanced technology company specialising in digital
in-feed advertising, today reported its third-quarter and
nine-month 2020 revenue.
Unaudited consolidated data, in
€k |
2020 |
2019 |
Δ |
Q1 |
1,738 |
1,224 |
+41% |
Q2 |
1,928 |
2,386 |
-19% |
Q3 |
2,838 |
2,058 |
+38% |
9-MONTH TOTAL |
6,501 |
5,691 |
+14% |
Third-quarter 2020 revenues up
38%
After a second quarter marked by the Covid-19
pandemic and health crisis, resulting in a widespread decline in
advertising investment throughout Europe, the market roared back to
life in July, enabling Invibes Advertising to record strong
third-quarter growth. The company reported a 38% increase in
revenues to €2.8m.
Cumulative revenue for the first nine months of
2020 rose 14% to €6.5m.
Invibes Advertising immediately took full
advantage of the rebound in the advertising market to return to the
path of rapid growth, powered by the strategic levers that drive
its business model:
- Innovation-based DNA to offer its clients solutions that are
constantly fresh and ever more effective;
- Campaigns that significantly outperform others on the market,
based on non-intrusive ad formats that engage users more
effectively;
- An increasingly dense network of publishers, including the top
media groups in Europe, to carry the campaigns;
- Commercial presence in seven of the main countries propelling
the advertising market in Europe (France, Spain, Germany, Italy,
Switzerland, United Kingdom, and Belgium); and
- A loyal portfolio of major advertisers that are satisfied with
our better-than-market results and renew their ad campaigns with us
again and again.
100-employee milestone reached in
Europe
To support its strong growth and international
expansion, Invibes Advertising has been structuring its teams,
bringing in top talent across Europe so the company is in the best
possible position to step up its development.
As such, during the third quarter Invibes
Advertising reached the milestone of 100 employees working at the
Group.
Pan-European solution to launch by
year's end
In the third quarter, Invibes Advertising hired
Yuri Loburets to the newly-created position of Group Sales
Director, to structure a pan-European sales organisation1 and
enhance the Group's value proposition.
This new offering, which is expected to launch
by the end of the year, will meet the expectations of the major
global brands, whether or not they are clients of the Group, that
are looking for a partner to come up with advertising campaigns
that are led and managed on a European scale.
Invibes Advertising will draw on its seven
European locations to implement this cross-cutting approach that is
expected to become a new catalyst in the Group's long-term growth
trajectory.
2020 outlook
In view of the public health situation in
Europe, which in recent weeks appears to be worsening again, and
despite the Group’s growth potential in the shorter and longer
terms, Invibes Advertising will keep a close eye on the developing
situation. Should it continue, the entire European advertising
market and, consequently, the company’s 2020 activity and results
could be affected.
About Invibes Advertising
Invibes Advertising is an advanced technology company that
specializes in digital advertising. Its innovative solutions are
supported by an in-feed format that’s integrated into media
content.
Invibes is inspired by social network advertising and develops
its own technology to help brands better communicate with
consumers. Its technology is optimized for distributing in a closed
network of media sites, including: Bertelsmann, Hearst, Unify,
Groupe Marie Claire, Axel Springer, and many others. Clients
include major brands such as Mercedes, Samsung, Levis, and IBM.
Founded in 2011, Invibes Advertising is a listed company on the
Euronext Paris stock exchange (Ticker: ALINV – ISIN: BE0974299316).
Visit www.invibes.com for more information.
For our latest press releases, go
to:https://www.invibes.com/uk/uk/investors.html
Keep up with all the latest news on Invibes
Advertising:LinkedIn @Invibes
Advertising Twitter
@Invibes_adv Facebook @Invibes Advertising
Financial & Corporate Contacts:
Invibes Advertising Kris Vlaemynck,
CFOkris.vlaemynck@invibes.com
Listing SponsorAtout CapitalRodolphe
OSSOLArodolphe.ossola@atoutcapital.com+ +33 (0) 1 56 69 61 80
Group Investor RelationsActifinAlexandre
Commerotacommerot@actifin.fr + +33 (0) 1 56 88 11 11
Financial Media RelationsActifinJennifer
Julliajjullia@actifin.fr+ +33 (0) 1 56 88 11 19
1 See press release of 29 September 2020.
- 2020 10 29 - PR - Invibes Advertising - EN
Invibes advertising (EU:ALINV)
Historical Stock Chart
Von Feb 2024 bis Mär 2024
Invibes advertising (EU:ALINV)
Historical Stock Chart
Von Mär 2023 bis Mär 2024