The Antevenio Group Reports Consolidated Earnings Results for the First Half Ended June 30, 2016; Provides Earnings Guidance for the Full Year of 2016
October 18, 2016 at 04:06 am EDT
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The Antevenio Group reported consolidated earnings results for the first half ended June 30, 2016. The company reported net revenue of EUR 12.21 million compared to EUR 11.09 million a year ago. Operating income was EUR 0.80 million compared to EUR 0.50 million a year ago. Operating income before tax was EUR 0.72 million compared to EUR 0.49 million a year ago. Consolidated net income was EUR 0.67 million compared to EUR 0.42 million a year ago.
For the full year of 2016 the company expects continued growth driven by international sales, especially in Latin America, and the surge of the marketing technology division's market share in its traditional markets and a continued growth in the publishing business. The Group expects an increase of its sales in 2016. This growth, being driven by higher margin activities, should also help to significantly improve the group's profitability in 2016.
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.
ISPD NETWORK, S.A. 
