HighCo: Q4 2024 Gross Profit

From GlobeNewswire: 2025-01-22 12:00:00

HighCo experienced a business decline in 2024, with gross profit down 7% for the year. However, Q4 2024 showed better than expected business activity. The Activation division saw growth, while Mobile and Consulting & In-store media selling declined. The decline was seen in both France and International businesses, with France down 6.9% and International down 7.5%. The operating margin for 2024 is confirmed at over 16%, and a less significant decline in business is forecasted for 2025. HighCo remains eligible for France’s SME equity savings plans. Earnings for 2024 will be released on March 26.



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