Core Insights - DÉKUPLE Group reported strong growth in the first half of 2025, with net sales increasing by 12.3% to €117.4 million and net revenue rising by 5.8% to €88.3 million, driven primarily by digital marketing and international expansion [1][4][5] Financial Performance - Net sales reached €117.4 million, up 12.3% compared to the same period in 2024 [4][5] - Net revenue was €88.3 million, reflecting a 5.8% increase, with digital marketing operations contributing significantly [2][6] - Digital marketing generated €52.6 million in net revenue, marking a 16.1% growth, while magazines and insurance segments saw declines [11][13][14] Segment Analysis - Digital Marketing: - Net revenue increased by 16.1% to €52.6 million, supported by acquisitions and international expansion [11][12] - The segment now accounts for nearly 70% of total net sales, highlighting its strategic importance [2] - Magazines: - Net revenue decreased by 6.9% to €31.8 million, with a focus on targeted customer acquisition to stabilize revenues [13] - The active subscription portfolio declined by 5.9% to 1.788 million [13] - Insurance: - Net revenue for the insurance segment was €3.9 million, down 1.8%, but showed signs of recovery in the second quarter due to AI-driven marketing initiatives [14] Geographic Performance - Revenue in France was €78.2 million, down 2.9%, impacted by market conditions and recent acquisitions [7][10] - International revenue surged by 245.3% to €10.1 million, reflecting successful acquisitions and expansion efforts [9][10] Strategic Outlook - DÉKUPLE aims for profitable growth despite macroeconomic uncertainties, focusing on innovation and targeted acquisitions in digital marketing [15] - The company plans to leverage recent acquisitions to create commercial synergies and optimize costs [15]

Core Insights - DÉKUPLE Group reported a strong start to 2025 with net sales of €58.3 million, reflecting a 12.2% increase year-on-year, driven by robust growth in Digital Marketing [2][3][8] - The company emphasizes its leadership in Generative Artificial Intelligence applied to marketing, which is expected to open new markets and opportunities [2][4] Financial Performance - Net sales for Q1 2025 reached €58.3 million, up 12.2% from €52.0 million in Q1 2024 [8] - Gross margin increased by 5.8% to €44.2 million, with Digital Marketing contributing significantly to this growth [8][9] - Digital Marketing gross margin rose by 17.5% to €25.9 million, accounting for 68.6% of consolidated net sales [3][10] Business Segments - Digital Marketing: Gross margin of €25.9 million, up 17.5%, with a like-for-like growth of 0.6% [10][11] - Magazines: Gross margin decreased by 7.0% to €16.4 million, with a subscription portfolio of 1.805 million, down 5.9% [13] - Insurance: Gross margin fell by 9.8% to €1.9 million, attributed to seasonal effects [14] Strategic Initiatives - The company is expanding its BtoB activities to counterbalance the slowdown in BtoC, focusing on acquiring recurring clients [5][6] - DÉKUPLE is actively pursuing international expansion and enhancing its capabilities through targeted acquisitions, including a majority stake in the Spanish agency After [17][19] - The company is preparing its Horizon 2030 plan to further consolidate its leadership in Europe [7] Market Outlook - Despite economic uncertainties, DÉKUPLE is positioned for profitable growth, continuing to invest in its core activities while accelerating development in Digital Marketing [20]