Month: July 2024

Solid Q2 execution: Revenue came in above the midpoint of our guidance despite macro volatility as we continued to expand customer wallet share and drive take rate increase. We also delivered strong Adjusted EBITDA, near the top end of our guidance, and strong free cash flow as we continued to execute with strong discipline and efficiency. Expanding product portfolio to create strong growth catalysts: Our Summer Product Release includes the launch of a brand new profession-based catalog along with capabilities to hire talent for long-term engagement, making a major stride in expanding our direct addressable market. We also folded in a subscription-based software business through the acquisition of AutoDS, deepening our value proposition to the creator community and adding a durable revenue stream to our business with significant synergy...

The revenue of AS Ekspress Grupp for the 2nd quarter of 2024 increased by 6% to EUR 19.6 million and EBITDA increased by 27% to EUR 3.0 million. The revenue for the first six months of 2024 increased year-over-year by 2% to EUR 35.9 million and EBITDA decreased by -2% to EUR 3.5 million. At the end of June, the share of digital revenue made up 87% of the Group’s total revenue. Digital revenue increased by 9% as compared to the same period last year. The digital subscription revenue of the Group’s media companies and the number of people with digital subscriptions grew strongly year-over-year in all three countries. The revenue from ticket sales platforms and the advertising revenue from outdoor screens have also increased strongly. The 2nd quarter was successful both in terms of growing online advertising revenue as well as digital...

Strong, broad-based performance across top-line, profitability and cash flow PRESS RELEASE Amsterdam, 31 July 2024 Key items1Organic sales up +3.6% (5-yr CAGR: +5.0%), driven by +2.4% price and +1.2% volume/mix Reported sales up +5.6% to EUR 4,210 million Organic adjusted gross profit up +9.0% Organic adjusted EBIT up +17.5% (5-yr CAGR: +4.4%); A&P slightly up organically Free cash flow of EUR 315 million; net leverage at 3.1x Underlying EPS of EUR 0.76; Basic EPS of EUR 0.74 FY 24 outlook raisedA message from Luc Vandevelde, Interim CEO of JDE Peet’s “I am very pleased with this strong set of results for the first half of 2024. We delivered robust, broad-based performance across top-line, profitability and cash flow, despite operating in a challenging environment that continues to be characterised by rising green coffee...

Regulated informationRevenue up 3% like for like, driven by 5% volume growth; Adjusted EBITDA rose by 31%, lifting margin up to 12%, on continued delivery of the cost transformation program, strengthening competitiveness and profitability; Net debt dropped 12%, thanks to strong FCF delivery and M&A proceeds, contributing to leverage ratio improvement to 2.5x; Full year outlook revised upward, with higher expected revenue growth, adjusted EBITDA margin and FCF, and with leverage down further.CEO quote Gustavo Calvo Paz, Ontex’s CEO, said: “We have achieved several key strategic milestones in the first half year. Two divestments were successfully completed, sharpening our focus on Core Markets further, and our cost transformation program delivered solid efficiency gains yet again. This consistent delivery, coupled with our sustainable...

The consolidated sales revenue of Hepsor AS amounted to 5.2 million euros in the second quarter of 2024 and the net loss was 0.56 million euros (including a net loss attributable to the owners of the parent of 0.65 million euros). The consolidated sales revenue for the six months of 2024 was a total of 7.4 million euros, with a net loss of 1.5 million euros (including the net loss attributable to the owners of the parent company, which was 1.5 million euros). The Group’s revenues and profitability are directly dependent on the development cycle of projects, which is approximately 24 to 36 months. Sales revenue is generated only at the end of the cycle. Calendar quarters vary in terms of the number of projects ending during the quarter, which is why both profits and sales revenue can differ significantly across quarters. Therefore, performance...