Press Release
Section Annual Results
HOPSCOTCH: ANOTHER RECORD YEAR FOR ALL BUSINESS UNITS
Increase in gross margin in 2023 to €92.9m (vs. €86.1m in 2022)
Operating profit up to €9.9m in 2023 (vs. €9.4m in 2022)
HOPSCOTCH (Euronext Growth FR0000065278), a leading communications and marketing services group, presents today its consolidated annual results on
- Sales up to
271.4 million euros (+10%) and gross margin up to92.9 million euros (+8%), again a record high in the group's history - Operating profit totaled
9.9 million euros (+6%) - Backed by its unique strengths and solid financial structure, Hopscotch aims to accelerate growth in all its markets
- Hopscotch's unique positioning at the crossroads of the experiential and the influential, places it at the heart of its clients' communication needs
In thousands of euros | 2023 | 2022 | Var |
Turnover | 271 373 | 246 809 | +10,4% |
Gross Margin (1) | 92 934 | 86 148 | +7,9% |
Operating Profit | + 9 927 | + 9 359 | +6,0% |
Net Income | + 5 186 | + 5 970 | -19,4% |
Net | + 20 774 | + 14 763 | +40,7% |
(1) Gross margin is defined by turnover minus external operating purchases.
"The year 2023 demonstrated the solidity of our value proposition, consolidated by our recent developments: the launch of Hopscotch Sport and the acquisition of Interface Tourism, now Hopscotch Interface Tourism. Thanks to our unique expertise, we aim to accelerate our international expansion, in particular by promoting our luxury, sports, tourism, lifestyle, and cultural businesses to the widest possible audience.
This momentum is made possible by the unfailing commitment of our teams and the trust placed in us by our clients. I would like to thank them in particular. "
"With its positive reputation, the power of the Hopscotch brand, and its financial resources, the group presents itself as a consolidator in the market, enabling it to aim for strong growth in the coming years."
An
Today, HOPSCOTCH employs around 1,000 people, half of whom work internationally in EMEA,
Hopscotch's ability to integrate all communications activities under a single roof, and to benefit from a perfectly integrated international network, sets it apart from its competitors.
Continued Business Growth
As previously announced, the group's business is once again showing clear growth, thanks in particular to the continuing increase in events, but also to growth in the Public Relations and digital businesses. Positioned at the crossroads of the experiential and the influential, HOPSCOTCH is at the heart of its clients' communication needs.
Gross margin reached
Solid Operations
With operating conditions well under control, the group confirmed a favorable profit margin, with consolidated operating profit of
Financial expenses were higher this year due to non-recurring entries (accounting charge of €850 thousand) relating to the rationalisation of the Group's legal structure and the deconsolidation of a discontinued business, as well as the renewal of the head office lease, which generated an accounting charge of €125 thousand in connection with IFRS 16.
After net financial expense of -€2,665 thousand, and income taxes of -€1,992 thousand, net income came to €5,185 thousand, down slightly due to the temporary surcharge linked to the financial loss.
Strongly Consolidated Financial Structure
The balance sheet structure has been consolidated, with shareholders' equity increasing to
Financial debt excluding PGE (The French State Guaranteed Loan) amounted to
The cash position remains strongly positive at
The net financial position is therefore positive and improving, at
The Executive Board therefore proposes to the Annual General Meeting of
2024 Perspectives
Since the release of Covid, the events business has seen a strong rebound, a structural phenomenon that responds to a need for physical meetings, whether B2C or B2B. At the same time, the growing complexity of communications, the impact of influencers and the associated reputational risk all call for greater expertise in mastering what companies have to say.
We continue to see good momentum in activities linked to public relations and mastering reputational challenges (Social Media, Influence, Public Affairs, Public Relations, Content), which has resulted in numerous gains in newbiz.
In
The transaction, half in cash and half in newly issued shares, will be accretive: in 2023, the gross margin generated by Hopscotch Interface Tourism will exceed
By consolidating the Tourism division in 2024, the Group's gross margin will exceed
Thanks to its solid financial structure, the group will pursue its strategy of external growth, with an international focus, and continue to strengthen its position in growth areas such as influence, with, for example, the recent integration of a team of 12 specialized consultants.
Hopscotch thus aims to become a leading communications group worldwide.
CSR
HOPSCOTCH has been fully committed to the ecological transition for over 15 years now, a conviction and mobilization recognized by numerous labels and certifications over the years (Agence Active label certification, and
AI
HOPSCOTCH sees this technology as a way of making certain services more efficient and thus optimizing consulting value, but also as an opportunity to invent and offer new business lines. The group has invested in its own platform and set up a team of experts to keep abreast of technological developments. AI is already rightly integrated into many client operations.
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Shareholder Contact
Pierre-Franck MOLEY - Directeur Général - Tel. 01 41 34 20 56 - pfmoley@hopscotchgroupe.com
Press Contact
Jodie KNOEPFLER CONSCIENCE – Assistant to the Executive Board - Tel. 01 41 34 20 51 - jodiekc@hopscotchgroupe.com
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About
HOPSCOTCH is an international communications group created in
HOPSCOTCH brings together in
Convinced that the value of a company or organisation lies in the care given to its relational capital, HOPSCOTCH structures its expertise around its own brand "Hopscotch" (Event / PR / Travel / Decision-makers / Congresses / Luxury / Sport), and specialised agencies: AD crew, heaven, Hopscotch Interface Tourism, Human to Human, Le Public Système Cinéma, Le Public Système PR, Sagarmatha, Hopscotch Sopexa.
HOPSCOTCH now has an integrated international network, with 40 offices on 5 continents, enabling it to operate in more than 60 countries.
Listed on Euronext Growth Paris (ISIN Code: ALHOP FR 00000 6527 8), the group will have a turnover of €271 million and a gross margin of €93 million in 2023.
To follow us: www.hopscotchgroupe.com and on LinkedIn / X / Instagram @HOPSCOTCHgroupe
Attachment
- PR HOPSCOTCH Groupe_2023 ANNUAL RESULTS
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