FINANCE CONTACT: DANIEL SFEZ TEL.: +33 (0)1 53 19 21 40 - EMAIL: DANIEL@WEBORAMA.COM CORPORATE CONTACT: ALAIN LEVY TEL.: +33 (0)1 53 19 21 40 - EMAIL: ALAIN@WEBORAMA.COM
WEBORAMA: CONSOLIDATED REVENUE OF €5,237 K FOR Q1 2014
The consolidated revenue of Weborama for the first quarter of 2014 stood at €5,237 K, compared with €6,102 K for the same period in 2013, representing a decrease of 14%. In terms of organic growth, that is to say, excluding the sharp depreciation of the rouble over the quarter and on a like-for-like basis, the decrease is 7.6%.
During the first quarter of 2014, Weborama continued its transformation into a data company.
In France, new Data partnerships have been implemented. Progresses with regard to publishers or advertisers, did not however compensate for a sharp decline in advertising revenue.
In Russia, business was very strong. The RTB platform won over a number of advertisers (Exxon, Red Bull, Unilever, Mazda) and Rich Media solutions for mobile applications witnessed promising increase (in cooperation with Mail.ru). The group's revenue, however, was impaired by a significant depreciation of the rouble.
In the remaining European countries, Weborama's transformation into a Data Company continued, with data-related revenue compensating for the loss of advertising revenue.
In addition, the company opened an office in Miami to support its clients in Latin America and to explore promising developments in these markets.
The international activity has accounted for 66% of the group's total revenue in Q1 2014.
With 235 million profiles, and operating in 10 European countries, Weborama is the leading European data company.
Weborama has been listed on Alternext since June 2006 (ALWEB). Its revenues continue to increase, reaching25.8 million euros in 2013. www.weborama.com
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