(AOF) – Hopscotch reported its consolidated revenue and gross margin as of December 31, 2022. The communications consultancy group’s consolidated revenue was 246.9 million euros, and the consolidated gross margin reached 86.4 million euros for the 2022 financial year, record values, respectively up 59.7% and 28.8% compared to last year. All of the group’s businesses (Event, PR, digital and marketing) have been pursuing their continuous organic growth for several years.
Finally, Hopscotch consolidates in its gross margin 2.4 million euros over the second half of the financial year, coming from companies specializing in sports, acquired in June 2022 and consolidated for the first time.
The group will publish its consolidated 2022 annual results on Thursday March 30, 2023, after market close.
AOF – LEARN MORE
Sector analysis Communication and Media
French players well positioned in audiovisual production
Among the independent players, the Frenchman Banijay is the world leader with an expected turnover of 3 billion euros in 2022 in a market which represents 100 billion in revenue. Mediawan (backed by the KKR fund), whose turnover amounts to 1 billion euros, is the other main French player in the sector. The market is still very fragmented because according to the European Audiovisual Observatory, the top twenty production groups were responsible for only 38% of titles created in 2020. However, experts believe that the sector has entered a phase consolidation. Thus Banijay’s stock market listing aims to enable it to better participate in this movement.