Invibes Advertising NV (FR:ALINV) has released an update.
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Invibes Advertising NV experienced a slight decrease in revenue by 3% in the first half of 2024, affected by the French market’s challenges, but showed a robust international growth of 16%, particularly in the United Kingdom and Germany. The company has made strategic investments for future growth, such as the development of vertical solutions and expanding its global footprint with new offices in the United States and Singapore. Despite these initiatives, consolidated EBITDA declined due to strategic investments and non-cash expenses related to business operations.
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