(AOF) – Fill Up Média recorded growth of 21.3% in its revenues for the first half of 2023, to 4.6 million euros. This progression was achieved with the same number of partner service stations as during the first half of 2022, i.e. 4,000 screens deployed at 630 service stations, representing a weekly audience of more than 4 million motorists. As of June 30, 2023, Fill Up Media operates a client portfolio made up of more than 3,000 local and national advertisers.
The specialist in outdoor digital display with sound on fuel dispensers intends to continue and increase its commercial development by increasing the number of partner service stations.
This growth will be achieved on the one hand via the extension of existing partnerships, like the new contract recently concluded with Carrefour, and on the other hand via development with major brands (GMS and oil networks) with which discussions are ongoing.
The company, which will publish its results for the first half of 2023 on October 17 after market close, confirms all of its commercial and financial objectives announced at the time of its IPO, namely: the equipment of 550 service stations additional by 2025; achieving an average annual growth rate in turnover between 2021 and 2025 of 40%; a turnover of 26 million euros; and a restated EBITDA margin greater than 35% by 2025.
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