Obiz: Annual targets should be exceeded


(CercleFinance.com) – Obiz, a relationship marketing specialist, plans to sign another year of very strong growth in 2023 and to exceed its annual financial objectives, which caused it to climb by 13% on Wednesday on the Paris Stock Exchange.

The Lyon group, which is celebrating its thirteen years of existence, had previously declared that it was targeting an annual consolidated turnover of more than 75 million euros, compared to 40 million in 2022, or at least 88% growth.

The company also set itself the objective of generating a consolidated gross margin of more than eight million euros, compared to 5.5 million in 2022, or at least 45% growth.

Obiz should also exceed its consolidated Ebitda target by more than two million euros, compared to one million in 2022, or at least a doubling.

The group emphasizes that 2024 also promises to be a record year, saying it is able to exceed the threshold of 100 million euros in annual revenue.

Created in December 2010, Obiz has implemented around a hundred relational and affinity programs, on behalf of groups such as Vinci, Total, Axa, McDonald’s, Michelin, Cogedim, La Poste and Adecco.

These offers were offered to 35 million beneficiaries (customers, employees, members, members).

The stock has posted a gain of 6% this year, compared to an increase of around 2% for the CAC Mid & Small index.

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