Dékuple’s first-half profit rises as digital marketing expands

Dékuple ($DKUPL) reported first-half attributable net profit of €6.1 million, up 58.9%, as earnings grew faster than sales. Revenue increased 3.9% to €121.9 million, and net revenue rose 2.2% to €90.3 million. The company’s restated EBITDA measure advanced 11.7% to €11.9 million, equivalent to 13.2% of net revenue.

Digital marketing now represents 72.7% of sales, with its net revenue growing 8.4%, including 6.0% on a comparable basis. That expansion offset a 7.0% decline in magazines’ net revenue. The stronger profit profile supports continued investment, but net debt increased to €12.7 million from €6.3 million at year-end, reflecting investment and acquisitions. The insurance business remains under strategic review; no disposal or other final outcome was announced.

Sources:

• Dékuple company release — GlobeNewswire