on INVIBES ADVERTSING (EPA:ALINV)
Invibes Advertising Reports 4% Growth in Q3 2024 Sales
Invibes Advertising, a company focused on digital advertising technology, announced a 4% increase in sales for the third quarter of 2024, reaching €6.1 million. This marks a recovery from a dip in the second quarter, with France leading the resurgence due to strategic adjustments, including targeted recruitment and sales team reorganization.
International markets like Germany, the UK, Italy, and Belgium continue to show robust growth. The cumulative sales for the first nine months remained stable at €17.8 million.
Embracing generative artificial intelligence, Invibes is crafting industry-specific solutions. The recent unveiling of ‘Invibes Fashion’ targets fashion and luxury brands, aiming to enhance investment returns through tailored advertising solutions. With 20% of sales from vertical solutions, Invibes is poised for continued innovation and growth.
The company remains focused on integrating AI, developing vertical solutions, recruiting strategically, and expanding geographically to ensure sustainable growth.
R. P.
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