1000mercis has announced a 50% increase in net income (group share) to 3.3 million euros for 2023, as well as a three-point improvement in its operating margin to 5%, on sales of 72.8 million euros, down 5%.

The drop in sales is explained by the contraction in advertising spending by the group's clients, and strong competition in this segment. The banking sector in particular saw a sharp decline in programmatic investments.

The data marketing specialist states that its Board of Directors does not intend to propose a new dividend distribution at the next Annual General Meeting of Shareholders.

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