{"id":22209,"date":"2023-11-17T11:58:24","date_gmt":"2023-11-17T10:58:24","guid":{"rendered":"https:\/\/www.reworldmedia.com\/?p=22209"},"modified":"2023-11-17T11:58:24","modified_gmt":"2023-11-17T10:58:24","slug":"9-9-revenue-growth-in-the-first-9-months-of-2023","status":"publish","type":"post","link":"https:\/\/www.reworldmedia.com\/en\/news\/press-releases\/9-9-revenue-growth-in-the-first-9-months-of-2023-22209.html","title":{"rendered":"9.9% revenue growth in the first 9 months of 2023"},"content":{"rendered":"<div class=\"wpb-content-wrapper\"><p>[vc_row css=&#8221;.vc_custom_1582736420776{background-color: #ffffff !important;}&#8221;][vc_column][vc_column_text]<strong>Reworld Media <\/strong>Group<strong> (ALREW <\/strong>) reports sustained growth in<strong> Q3 2023<\/strong>. Group revenue for the period came to <strong>\u20ac129.2m<\/strong>, up<strong> 9.0%<\/strong> (+\u20ac10.7m) on Q3 2022. Over the <strong>first 9 months of<\/strong> the year, consolidated revenue came to <strong>\u20ac395.6m<\/strong>, up <strong>9.9% <\/strong>on the same period in 2022. The proportion of Group revenue generated outside France accounted for 25% of total sales in Q3 2023, and 28% in the first 9 months of the year.<\/p>\n<p>The increase in Q3 is the result of a <strong>strong rise in the BtoB division<\/strong>, up by 25.5% \u20ac14.1m), which offsets a <strong>slight decline in the BtoC division<\/strong> of <strong>5.5%<\/strong> (-\u20ac3.4m). Over the <strong>first 9<\/strong> months of the year, the <strong>BtoB division<\/strong> posted <strong>cumulative sales growth of 23.4% <\/strong>compared to the same period in 2022, to \u20ac213.3m, while sales in the BtoC division fell by 2.6% to \u20ac182.3m.<\/p>\n<p>As in H1, growth in Q3 was driven primarily by the <strong>acquisitions <\/strong>made in October 2022 of <strong>Unify&#8217;s <\/strong>publisher activities in France (Marmiton, Aufeminin, Doctissimo, Les Num\u00e9riques, etc.) and subsequently in January 2023 of the <strong>Grazia <\/strong>and <strong>Icon <\/strong>international brands and their media activities in Italy. These assets, which are strategic for the Group&#8217;s <strong>development<\/strong> and <strong>international expansion<\/strong>, and whose integration is nearing completion, contributed <strong>\u20ac11.9m<\/strong> to consolidated revenue in <strong>Q3<\/strong>, of which \u20ac10.0m to the BtoB division and \u20ac1.9m to the BtoC division. Over the first 9 months of the year, they contributed <strong>\u20ac38.3m <\/strong>to consolidated revenue, of which \u20ac32.3m to the BtoB division and \u20ac6.0m to the BtoC division.<\/p>\n<p>On an <strong>organic<\/strong> basis<a href=\"#_ftn1\" name=\"_ftnref1\">[1]<\/a>, Group revenue consolidated at <strong>\u20ac117.3m<\/strong>, down <strong>1.0% <\/strong>(-\u20ac1.2m), over <strong>Q3<\/strong>, and at <strong>\u20ac357.3m<\/strong>, down <strong>0.7% <\/strong>(-\u20ac2.6m) over the <strong>first 9<\/strong> months of the year. The BtoB division posted <strong>organic revenue growth of 7.4% <\/strong>(+\u20ac4.1m) in Q3, driven by strong momentum in its <strong>affiliation and performance offerings<\/strong>. Over the first 9 months of the year, sales rose by 4.7% (+\u20ac8.2m) to \u20ac181.0m. Revenue in the BtoC division fell by 8.5% (-\u20ac5.3m) in Q3, reflecting the <strong>rationalization of volumes and the magazine distribution schedule<\/strong>. Over the first 9 months of the year, revenue dropped by 5.8% (-\u20ac10.2m) to \u20ac176.3m.<\/p>\n<p>In the 2<sup>nd <\/sup>half, the Group continues to implement <strong>rigorous management<\/strong> of its activities. It is continuing to <strong>develop<\/strong> its <strong>assets<\/strong> and <strong>offerings<\/strong>, both in France and internationally, and is finalising the integration of assets acquired over the last 12 months.<\/p>\n<p><em>This press release presents unaudited consolidated revenue figures, established in accordance with the regulations governing consolidated financial statements in effect in France.<\/em><\/p>\n<p><em><u>Next event<\/u><\/em><em>: publication of revenue figures for 2023 on Wednesday 28 February 2024.<\/em><\/p>\n<p><a href=\"#_ftnref1\" name=\"_ftn1\"><sup>[1]<\/sup><\/a>Consolidated revenue on a like-for-like basis for the same period in 2022, excluding the acquisitions of Unify and Reworld Media Italia, consolidated since 1 October 2022 and 10 January 2023 respectively.<\/p>\n<p><em>\u00a0<\/em>[\/vc_column_text][vc_btn title=&#8221;T\u00e9l\u00e9charger en format PDF&#8221; align=&#8221;center&#8221; link=&#8221;url:https%3A%2F%2Fwww.reworldmedia.com%2Fwp-content%2Fuploads%2F2023%2F11%2F231115_PR_REW_9M_2023_RevenueUK.pdf|target:_blank&#8221;][\/vc_column][\/vc_row]<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>[vc_row css=&#8221;.vc_custom_1582736420776{background-color: #ffffff !important;}&#8221;][vc_column][vc_column_text]Reworld Media Group (ALREW ) reports sustained growth in Q3 2023. Group revenue for the period came to \u20ac129.2m, up 9.0% (+\u20ac10.7m) on Q3 2022. Over the first 9 months of the year, consolidated revenue came to \u20ac395.6m, up 9.9% on the same period in 2022. The proportion of Group revenue generated [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":11581,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[68],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>9.9% revenue growth in the first 9 months of 2023 - REWORLD MEDIA<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.reworldmedia.com\/en\/news\/press-releases\/9-9-revenue-growth-in-the-first-9-months-of-2023-22209.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"9.9% revenue growth in the first 9 months of 2023 - REWORLD MEDIA\" \/>\n<meta property=\"og:description\" content=\"[vc_row css=&#8221;.vc_custom_1582736420776{background-color: #ffffff !important;}&#8221;][vc_column][vc_column_text]Reworld Media Group (ALREW ) reports sustained growth in Q3 2023. Group revenue for the period came to \u20ac129.2m, up 9.0% (+\u20ac10.7m) on Q3 2022. Over the first 9 months of the year, consolidated revenue came to \u20ac395.6m, up 9.9% on the same period in 2022. The proportion of Group revenue generated [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.reworldmedia.com\/en\/news\/press-releases\/9-9-revenue-growth-in-the-first-9-months-of-2023-22209.html\" \/>\n<meta property=\"og:site_name\" content=\"REWORLD MEDIA\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ReworldMedia\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-11-17T10:58:24+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.reworldmedia.com\/wp-content\/uploads\/2020\/02\/ACTUPRODUIT3.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1140\" \/>\n\t<meta property=\"og:image:height\" content=\"570\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"R\u00e9daction\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"R\u00e9daction\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.reworldmedia.com\/en\/news\/press-releases\/9-9-revenue-growth-in-the-first-9-months-of-2023-22209.html\",\"url\":\"https:\/\/www.reworldmedia.com\/en\/news\/press-releases\/9-9-revenue-growth-in-the-first-9-months-of-2023-22209.html\",\"name\":\"9.9% revenue growth in the first 9 months of 2023 - REWORLD MEDIA\",\"isPartOf\":{\"@id\":\"https:\/\/www.reworldmedia.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.reworldmedia.com\/en\/news\/press-releases\/9-9-revenue-growth-in-the-first-9-months-of-2023-22209.html#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.reworldmedia.com\/en\/news\/press-releases\/9-9-revenue-growth-in-the-first-9-months-of-2023-22209.html#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.reworldmedia.com\/wp-content\/uploads\/2020\/02\/ACTUPRODUIT3.jpg\",\"datePublished\":\"2023-11-17T10:58:24+00:00\",\"dateModified\":\"2023-11-17T10:58:24+00:00\",\"author\":{\"@id\":\"https:\/\/www.reworldmedia.com\/#\/schema\/person\/1bb2accd8631c480d4a3545fc0b91acc\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.reworldmedia.com\/en\/news\/press-releases\/9-9-revenue-growth-in-the-first-9-months-of-2023-22209.html#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.reworldmedia.com\/en\/news\/press-releases\/9-9-revenue-growth-in-the-first-9-months-of-2023-22209.html\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.reworldmedia.com\/en\/news\/press-releases\/9-9-revenue-growth-in-the-first-9-months-of-2023-22209.html#primaryimage\",\"url\":\"https:\/\/www.reworldmedia.com\/wp-content\/uploads\/2020\/02\/ACTUPRODUIT3.jpg\",\"contentUrl\":\"https:\/\/www.reworldmedia.com\/wp-content\/uploads\/2020\/02\/ACTUPRODUIT3.jpg\",\"width\":1140,\"height\":570},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.reworldmedia.com\/en\/news\/press-releases\/9-9-revenue-growth-in-the-first-9-months-of-2023-22209.html#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.reworldmedia.com\/en\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"9.9% revenue growth in the first 9 months of 2023\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.reworldmedia.com\/#website\",\"url\":\"https:\/\/www.reworldmedia.com\/\",\"name\":\"REWORLD MEDIA\",\"description\":\"Leading media group\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.reworldmedia.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.reworldmedia.com\/#\/schema\/person\/1bb2accd8631c480d4a3545fc0b91acc\",\"name\":\"R\u00e9daction\",\"url\":\"https:\/\/www.reworldmedia.com\/en\/author\/mustapha\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"9.9% revenue growth in the first 9 months of 2023 - REWORLD MEDIA","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.reworldmedia.com\/en\/news\/press-releases\/9-9-revenue-growth-in-the-first-9-months-of-2023-22209.html","og_locale":"en_US","og_type":"article","og_title":"9.9% revenue growth in the first 9 months of 2023 - REWORLD MEDIA","og_description":"[vc_row css=&#8221;.vc_custom_1582736420776{background-color: #ffffff !important;}&#8221;][vc_column][vc_column_text]Reworld Media Group (ALREW ) reports sustained growth in Q3 2023. Group revenue for the period came to \u20ac129.2m, up 9.0% (+\u20ac10.7m) on Q3 2022. Over the first 9 months of the year, consolidated revenue came to \u20ac395.6m, up 9.9% on the same period in 2022. 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