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DÉKUPLE: 2025 FIRST-QUARTER BUSINESS
Globenewswire· 2025-05-20 15:45
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]
Change in the Supervisory Board of AS Ekspress Grupp
Globenewswire· 2025-05-08 07:48
Group 1 - The Chairman of the Supervisory Board of AS Ekspress Grupp, Priit Rohumaa, has resigned from his positions on the Supervisory Board and Audit Committee [1] - The Supervisory Board will continue with three members: Hans H. Luik, Sami Seppänen, and Triin Hertmann [1] - A new Chairman of the Supervisory Board and a member of the Audit Committee will be elected at the next ordinary board meeting [1] Group 2 - AS Ekspress Grupp is the leading media group in the Baltic region, focusing on web media content production, and publishing newspapers, magazines, and books [1] - The Group operates an electronic ticket sales platform and ticket sales offices, and provides outdoor screen services in Estonia and Latvia [1] - AS Ekspress Grupp was established in 1989 and currently employs nearly 1,100 people [1]