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Financial release
14.05.2019

Q3 2018-2019 revenue

9-month revenue of close to €200 million (+59%)

  • Business growth of +39% at constant scope, compared to +35% in H1
  • The Internet segment (Avanquest) steps-up its growth at constant scope to +22% (+11% in H1), while reporting a +22% revenue improvement for its acquisitions
  • The Mobile segment (PlanetArt) accelerates its growth to +49%, compared to +41% in H1

“Quarter after quarter, we continue our strong growth path, driven both by the successful integration of our recent acquisitions in the Internet sector and the robust organic performance of our businesses. Once again, this demonstrates the relevance and effectiveness of Claranova’s strategy, based on the roll-out of new innovative concepts and business models benefiting from strong growth levers, in high potential market segments in the three main technology fields: Internet, Mobile and IoT”, commented CEO of the Claranova group.

The Claranova group closes another quarter of high growth, with consolidated revenue up 69% to €56.2 million for Q3 2018-2019 (January – March 2019), and +39% growth at constant scope.

At comparable scope and exchange rates, revenue increased 33%, following an increase of +32% in Q1 and +33% in Q2.

These remarkable and repeated improvements enable the Group to near the €200 million revenue mark for the first nine months, an improvement of +59% (+36% at constant scope).

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