1000thanks: advertising in decline, more than 10% drop in activity in H1




(Boursier.com) — The consolidated turnover of 1000thanks as of June 30, 2023 stood at EUR32.3 million, down 10.8% compared to June 30, 2022.

Business was notably impacted by the overall contraction in advertising spending by the group’s customers. The banking/insurance sector in particular experienced a marked decline in its advertising investments, which weighed on turnover, explains 1000mercis.

The operating result thus stands at -0.7 MEUR. Net income group share amounted to -0.4 MEUR.


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