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
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
Cumulative revenue for the first nine months of 2020 rose 14% to €6.5m.
- 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 , andBelgium ); 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
To support its strong growth and international expansion,
As such, during the third quarter
Pan-European solution to launch by year's end
In the third quarter,
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.
2020 outlook
In view of the public health situation in
About
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,
Founded in 2011,
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Financial & Corporate Contacts:
Kris Vlaemynck, CFO
kris.vlaemynck@invibes.com
Listing Sponsor
Rodolphe OSSOLA
rodolphe.ossola@atoutcapital.com
+ +33 (0) 1 56 69 61 80
Group Investor Relations
Actifin
Alexandre Commerot
acommerot@actifin.fr
+ +33 (0) 1 56 88 11 11
Financial Media Relations
Actifin
Jennifer Jullia
jjullia@actifin.fr
+ +33 (0) 1 56 88 11 19
1 See press release of
Attachment
- 2020 10 29 - PR -
Invibes Advertising - EN
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