Claranova
Q3 2021-2022 Revenue: Steady Business Momentum Over the First 9 Months
Regulatory News:
Claranova (Paris:CLA) reported revenue of €91 million for Q3 2021-2022 (January-March 2022), contracting 5% year-on-year(-14% like-for-like). This trend reflects the continuing effects of tight constraints on marketing investments in PlanetArt's activities within Apple's iOS ecosystem, in addition to a tougher comparison base resulting from the division’s 45% growth in last year's third-quarter. The slower pace of growth by PlanetArtwas partly offset by good momentum from Avanquest and myDevices, that grew respectively 13% and 45% at actual exchange rates. For the first nine months of the period, the Group reported revenue of €371 million, contracting 1% at actual exchange rates.
Revenue trends by division for Q3 2021-2022:
In €m |
Jan. to |
Jan. to |
Var. |
Var. at constant |
Var. at constant |
Var. at constant |
PlanetArt |
64 |
72 |
-12% |
-19% |
-14% |
-21% |
Avanquest |
26 |
23 |
13% |
7% |
13% |
7% |
myDevices |
1.2 |
0.8 |
45% |
36% |
45% |
36% |
Revenue |
91 |
96 |
-5% |
-12% |
-7% |
-14% |
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Revenue trends by division for the first nine months of 2021-2022:
(in € million) |
Jul. 2021 to |