Antevenio S.A. Announces Consolidated Revenue Results for the Year Ended December 31, 2016; Provides Earnings Guidance for the Financial Year 2016
February 22, 2017 at 12:05 pm EST
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Antevenio S.A. announced consolidated revenue results for the year December 31, 2016. For the year, the company announced net revenues of EUR 25.4 million compared to EUR 23.0 million for the same period a year ago. Consolidated Revenue was EUR 26.6 million compared to EUR 23.9 million for the same period a year ago.
The very good performance recorded in the second half of 2016 confirms the group expectation of a growth in earnings for the financial year 2016. The ramp-up of the Marketing Technology division, which has higher margins, and the volume effect brought about by the increase in turnover lead to a significant improvement in the group's profitability.
ISPD Network, S.A. is an innovative, data-driven communications, marketing and e-commerce company, operating in Southern Europe, the United States and Latin America. It generates growth opportunities for the above-mentioned brands, using in-depth knowledge of consumers, marketing technologies, and data and content ecosystems.