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Invibes Advertising NV ( (FR:ALINV) ) just unveiled an update.
Invibes Advertising reported a 6% decrease in total sales for 2024, attributed to a challenging market environment and strategic investments in generative AI and international expansion. Despite the decline in its established markets, the company saw significant growth in its scale-up markets, particularly in the UK, which experienced a 71% revenue increase. The company’s strategic focus on integrating AI technology, developing industry-specific solutions, and restructuring its commercial operations aims to enhance campaign performance and drive future growth.
More about Invibes Advertising NV
Invibes Advertising is an advanced technology company specializing in digital advertising. The company focuses on providing effective advertising solutions that maximize return on investment, with a market presence in countries like France, Spain, Switzerland, Germany, the UK, Italy, and Belgium.
YTD Price Performance: -24.35%
Average Trading Volume: 14,219
Technical Sentiment Signal: Buy
Current Market Cap: €6.67M
See more data about ALINV stock on TipRanks’ Stock Analysis page.