Emakina Group Announces Strong 2018 Half-year Results: Sustained Growth in Sales and Profitability

BRUSSELS, September 14, 2018 /PRNewswire/ --

* H1 consolidated sales: +18,4%  
  EUR 46,763,193 compared with EUR 39,507,898 EUR for 2017
  (+16,7% at constant scope)

* H1 EBITDA: +52,2%
  EUR 3,767,360 compared with EUR 2,474,788 for 2017
  (% of total sales: from 6.3% to 8.1%)

* H1 Profit before tax: +55%
  EUR 1,168,643, compared to EUR 751,843 for 2017.

Emakina Group (Euronext Growth Brussels - ALEMK) slightly raises its forecasts and expects an organic increase in its income close to double figures for 2018, based on the current order book.

In 2018, new national and international clients chose an Emakina group agency as their partner. These include ATPS, Bardahl, Comdata Group, Fermacell, Frankstahl, Groupe Descamps, Hutchison 3G, Kastner & Öhler, KitchenAid, LuLu Hypermarkets, Micromania-Zing, Omron, and REWE/Öcard.

Emakina's international expansion continues, with over 62,5% of income recorded with clients located outside Belgium (61% in H1 2017).

The acquisitions of two digital agencies highlights Emakina's growth ambitions in America, the Middle East/ Asia and opens opportunities to attract international clients seeking top support in these markets.

* Karbyn in New York (February 2018), through its subsidiary The Reference

* WittyCommerce in Izmir and Istanbul (March 2018), through its subsidiary Emakina.TR

Emakina Group continues its investments in network integration and synergies, creating opportunities for sharing know-how, resources and technologies. A new centralized management platform for projects combined with the new version of the will be deployed in the Netherlands by the end of 2018, followed by a roll-out across the group.

Emakina Group offers clients a wide geographic scope and unique local know-how, together with its partners Asiance (South-Korea, Japan), Bubblegum (Spain), Domino (Italy), Metia (UK, USA, Singapore), Portalgrup (Turkey), SinnerSchrader (Germany), and Air (Belgium).

Emakina Group (ALEMK: BBK) is a leading independent European digital agency group with global reach.

Its 900 technology and marketing experts in 12 countries work in concert with their clients to grow their business and brand value. Together, they gain the necessary user insights to develop highly effective strategies and creations. These include cutting-edge applications, websites, e-commerce projects, impactful content and campaigns.  

Emakina Group is listed on Euronext Growth Brussels (ISIN: BE0003843605) and reported sales of EUR 80,3 million in 2017 and EUR 46,8 million for H1 2018.

http://www.emakina.com  

Read the full official release

Contact details: 
Luc Malcorps 
Director of Media Relations
+32-2-788-79-73
lma@emakina.com  

SOURCE Emakina Group