Reworld Media: CEO net profit down 43% in 2023 – 03/20/2024 at 6:25 p.m.


(CercleFinance.com) – Reworld Media publishes a turnover of 549 ME for 2023, up 8.6% compared to 2022.

In 2023, the group accelerated the development of its international activities. Over the financial year, 31% of consolidated turnover was generated internationally, up +36% compared to 2022.

EBITDA fell by 12.1% between 2022 and 2023 to stand at €59.3 million, with an EBITDA margin falling from 13.3% in 2022 to 10.8% in 2023.

EBIT, for its part, showed a decline of 10%, to €58.1 million.

The group’s net profit amounted to €24.2 million, down -43.7%.

In 2024, Reworld Media maintains its strategic orientation aimed at developing the group, growing internationally and strengthening its CSR commitment, while continuing rigorous management of its activities.

After successfully implementing a market consolidation strategy in Europe for 12 years, the group remains open to external growth opportunities.



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