Hopscotch: Details on the evolution of turnover and gross margin for the first half of 2023







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(Boursier.com) — HOPSCOTCH Groupe, communications consulting group, major player in Digital, Public Relations, Influence and Events, provides details on the evolution of turnover and gross margin for the first half of 2023.

The financial results published on September 28, which show a consolidated turnover of 122,946 thousand euros and a gross margin of 41,965 thousand euros in the first half of 2023, present a difference with those previously published on August 3.

The difference observed in turnover results from an intermediate configuration of the new EPM (management) software, deployed in the group in June 2023. This configuration concerns intercompany entries with one of its subsidiaries which led to a double counting of these. Interco entries have no impact on results or on gross margin, which remains the main indicator of the group’s economic activity.

The final turnover published on September 28, 2023 was audited by the group’s auditors who published their reports without reservation.

Concerning the positive difference on the gross margin of 0.6 ME, or 1.5%, this is a refinement of the cut-off calculations for Events activities, validated by the auditors’ review, which will remain without impact for the entire 2023 financial year.

HOPSCOTCH Group will publish its revenue for the 3rd quarter of 2023 on Thursday, November 2 after the markets close.

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