PROFILE

Reworld Media achieved a record business volume in 2023, close to €550 million in turnover. Our main challenge this year was to integrate the 14 digital media brands from Unify acquired  at the end of 2022, including major brands such as Marmiton and Doctissimo. Our teams have worked successfully, these brands have now been fully absorbed and their synergies with the Group’s historic activities are set. This was a strategic move, making Reworld Media one of the biggest players in the French digital market.

We have had the additional advantage of launching our media activities internationally through our January acquisition of the high-end brands Grazia and Icon. Led by two new subsidiaries set up during the year in Italy and the United States, Grazia opens the gates to more than twenty countries around the world. As for ICON, this is a brand that has made a name for itself in the men’s market in Italy and Spain, and we have decided to launch it in France in spring 2024.

With these changes in scope, the Group’s growth reached 8.6%, and was particularly notable outside France, where our business grew by 36%. Nearly a third of the Group’s sales are generated internationally.

Our model, which is based on two complementary business lines, has proved its worth against a backdrop of continuous inflation over the last two years and a downturn in household consumption. The buoyancy of the BtoB division, through which corporate clients seek the audience of our media brands, among other things, has largely offset the slowdown in the BtoC division.

In terms of profitability, EBITDA picked up again in the second half (up 1.5%), with a margin of 13%, close to the level recorded for the whole of last year. This convincing rebound at the end of the financial year shows the first fruits of the plan to integrate the Unify brands, which were previously heavily loss-making. 2023 was a year of integration, what results in particular in a temporary increase in exceptional items.

The Group is investing in its growth, its brands and its technologies so that it is in a position to innovate and support its customers in their digital transition. It is evolving in line with an ever-increasing trend towards the digitisation of uses, which is universally evident across the daily lives of individuals and businesses.

Our Group holds a portfolio of more than 80 exceptional media brands featuring the most cutting-edge digital expertise and technologies. As France’s number one magazine publisher, number one media group on social networks – a market segment that has become essential – and number three media group on the web, it now enjoys dominant strategic positions.

Recent developments have opened up new prospects this year. Reworld Media is also set to enter a new phase in its Corporate Social Responsibility programme, with the first carbon footprint assessment carried out in 2023 enabling the company to work on defining a genuine path towards decarbonisation.

In 2024, our Group will continue its active development by moving into areas where growth is strongest, in a very buoyant digital market. Our priority is to combine growth and profitability, and to develop in a way that is earnings-enhancing for shareholders, both in France and abroad, where our aim is to apply the business model that has made the Group successful.