INVIBES ADVERTISING Reports Impressive 14% Sales Growth in Q4 2023

• Invibes Advertising reported a sales growth of 14% in Q4 2023, contributing to a total growth of 3% over the year.
• The company experienced two consecutive quarters of growth in the second half of 2023, following a general slowdown in the digital advertising sector in H1.
• Sales in existing markets (France, Spain, Switzerland, and ML2Grow) remained stable in H2, limiting the decline to 9% for the full year.
• Countries in the scale-up phase (Germany, UK, Italy, and Belgium) posted accelerated growth between H1 and H2, with total growth of 31% in 2023.
• New countries in the start-up phase surpassed the million-euro sales threshold in 2023.
• Invibes confirmed its target of positive EBITDA in 2023 and aims for sustained growth in 2024.

The price of INVIBES ADVERTISING at the time of the news was 6,3100EUR and was up +8,42 % compared with the previous day.

INVIBES ADVERTISING

+7,26 %

-14,95 %

-21,89 %

-34,73 %

-40,62 %

-65,91 %

-46,37 %

ISIN:BE0974299316WKN:A2JB6Z

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