ARTEFACT: Artefact publishes its 2017 4th Quarter Gross Margin - Gross profit of €15.0m, up by 20.2%


Press Release
Paris, Tuesday, 30 January 2018
18:00 CET

Q4 2017 Activity

Gross profit of €15.0m, up by 20.2%


Artefact (FR0000079683 - ALNBT - eligible for the French PEA-PME investment scheme) has published its 4th quarter 2017 gross profit.

In the fourth quarter, gross profit amounted to €15.0m, up 20.2%. Artefact activities has contributed to €3.2m to the gross profit over the period. Growth was particularly strong in France, with a gross profit of €4.9m, up by 135%. On the other Group's business locations, evolutions remain contrasted. The challenge of 2018 will be to restore sustainable dynamic growth over every country through the deployment of the new full-service offering, combining marketing, consulting and technology.

For 2017, the Group's gross profit amounted to €47.2m, up by +16.0%. This increase is mainly due to the contribution of the recent acquisitions (4Ps integrated in the Group since October 2016 and Artefact since 1 August 2017). Over the year, Artefact activities generated revenues of nearly €9.3m compared to €5.0m in 2016 (+86.5%)

 

Expansion in Asia

Recent months have been marked by the Group's extension on the Asia-Pacific region with the opening of subsidiaries in Hong Kong, Singapore, Malaysia and Australia. If the contribution of the recent locations is not yet significant (€120k for the 4th quarter), this strategic expansion in high-potential markets is a milestone in the international deployment of the Group's expertise.

After this promising end of year, the Group is confident in its ability to generate a positive EBITDA for the full-year 2017.


Financial calendar (after market):

25 April 2018
2017 Results and Q1 2018 Gross margin

24 July 2018
Q2 2018 Gross margin

23 October 2018
H1 2018 Results and Q3 2018 Gross margin

END

About Artefact I artefact.com

Artefact is a digital agency built on the perfect and long overdue marriage between marketers and engineers. Artefact's mission is to reinvent the customer experience through new technologies, digital, data and AI. The company has offices across 17 countries, with 1000+ employees delivering three service offers : Data Consulting, Digital Marketing Expertise and Technology Development. Artefact was elected the most innovative agency of 2017.

Artefact works with the largest global brands: over 600 clients, including 100+ blue chip clients such as AccorHotels, Samsung, Orange, Carrefour, Emirates and Deutsche Telekom who rely on the agency's disruptive marketing approach. Artefact has sustained a steady growth rate since its creation in 1998, and had operate a strategic move towards data and AI in 2017 merging digital expertise and data capabilities. Listed on the Alternext Paris Stock Exchange, Artefact is the most largest independent international digital agency.

For more information:
Financial Communications                                        Press Contact
Guillaume de Roquemaurel                                          ACTIFIN
Artefact                                                                      Stéphane Ruiz / Victoire Demeestere
Tel. 00 33 (0)1 40 40 27 00                                           Tel. 00 33 (0)1 56 88 11 11                   


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Artefact Q4 GM - Gross profit of €15.0m, up by 20.2%