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Invibes Advertising NV / Key word(s): Quarter Results/Quarter Results
Invibes Advertising : 6% growth in Q1 2024 sales.
2024-04-25 / 17:45 CET/CEST
Press release


6% growth in Q1 2024 sales


London, 25 April 2024 - Invibes Advertising (Invibes), an advanced technology company specialising in digital
advertising, announces its sales figures for the first quarter of 2024.
Q1 2024, Invibes has recorded sales of EUR5.5m, up 6% on the same period in 2023^[1] .
Throughout the quarter, Invibes continued to benefit from the sustained momentum of markets in the scale-up phase
(Germany, UK, Italy, and Belgium), following on from the already double-digit growth, recorded in 2023.
During the quarter, a number of major international retailers chose Invibes' to run their advertising campaigns,
including Hewlett Packard Entreprise and Intel with cross-markets campaigns, and Gillette (Procter & Gamble).
To solidify its cross-market offering and to meet the demand from international key clients for a global offering,
Invibes plans to expand its geographical footprint with the opening of 3 new markets - the United States, Mexico, and
Singapore.
During the first quarter of 2024, Invibes has already appointed two managers, one for the United States and the other
in Singapore:

Nathan Stallard has been appointed US Country Director. Over the past 10 years, Nathan has developed considerable
expertise in the advertising sector. Until 2020, he was National Sales Manager for the German advertising group Edgar
Ambient Media Group. In 2021, Stallard joined Invibes Advertising as Sales Manager and rose to Head of Sales for
Germany before becoming Sales Director Germany. Nathan is a US citizen.

Elsa Trang has been appointed Commercial Director Singapore. Elsa has almost 10 years' experience in marketing and
sales. Trang began her career at Invibes Advertising as Sales Manager for France before becoming Team Leader and then
Head of Sales.

"We are thrilled that Nathan and Elsa will be taking over the development of the USA and Singapore, where we have
strong ambitions. Both already have a proven track record with Invibes. As individuals they have contributed to the
successful development of sales in Germany and France respectively. With their experience and expertise, we are giving
ourselves the best possible chance of success in these two countries," Kris Vlaemynck and Nicolas Pollet, co-CEOs of
Invibes Advertising.
On the strength of its ability to model the ROI of launching a new country, Invibes expects these new markets to
contribute to business within a few months following launch, and to the group's profitability within 2 years.

Next publication: Q2 2024 sales, on 24 July 2024 (post-market).


About Invibes Advertising
Invibes Advertising (Invibes) is an international technology company specialising in digital advertising innovation.
Founded on the philosophy that advertising efficiency comes from being truly innovative and naturally engaging to
users, Invibes has developed an integrated technology platform for brands to reach consumers through impactful in-feed
advertising.
Invibes delivers advertising that creates positive attention by harnessing the power of big data, innovative in-feed
formats, wide reach and extensive intelligence services.
Pioneering the way in sustainable advertising, Invibes also offers a unique solution to offset campaign emissions
through its Carbon-Neutral label.
In order to partner with some of the greatest brands in the world, like Amazon, Bacardi, Dell, IKEA and Toyota, we rely
on even greater people. At Invibes we strive to maintain an energetic, open environment that fosters a culture of
ideation, growth and #GoodVibes, that shines straight through to our clients.
Want to hear more about Invibes? Visit: www.invibes.com
Invibes Advertising is listed on the Euronext Stock Exchange (Ticker: ALINV - ISIN: BE0974299316)


Read our latest press releases at:
https://www.invibes.com/investors.html

Follow the latest news about Invibes Advertising on:
LinkedIn @Invibes AdvertisingX @Invibes_adv


Financial & Corporate Contacts:

Kris Vlaemynck, co-CEO
kris.vlaemynck@invibes.com

^[1] For comparison purposes, sales for the 1^er quarter of 2023 have been restated to include sales by ML2Grow, which
was sold on 15 March 2024, with retroactive deconsolidation from 1^st January 2024.
Additional features:

File: 2024 04 25 - PR - Invibes Advertising_EN_final  
End of Media Release  
Language:     English 
Company:      Invibes Advertising NV 

Reigerstraat 8
9000 Gent
Belgium

E-mail:       audrey.mela@invibes.com 
ISIN:         BE0974299316 
Listed:       Paris 
EQS News ID:  1889873 

End of News EQS News Service
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1889873 2024-04-25 CET/CEST

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END) Dow Jones Newswires

April 25, 2024 11:46 ET (15:46 GMT)