Reworld Media (ALREW) H1 2025 earnings summary

Executive summary

• Operates over 80 thematic media brands with 1,275 employees across 11 countries, ranking as a top thematic publisher and leading digital and social media group in Europe.

• Revenue reached €257.1M for H1 2025, down 2.7% year-over-year, with B2B growth offsetting B2C decline.

• EBITDA increased 3.3% to €23.6M, driven by B2B digital and social media activities.

• Net income surged 50.7% to €9.3M, reflecting improved profitability and cost control.

• Digital and technology activities now account for half of total revenue, supporting sustainable growth.

Financial highlights

• Revenue for H1 2025 was €257.1M, down 2.7% year-over-year, with 36.1% generated outside France.

• EBITDA rose 3.3% to €23.6M, representing 9.2% of revenue, up 0.5 points from H1 2024.

• Net income increased 50.7% year-over-year to €9.3M, or 3.6% of revenue.

• B2B revenue grew 1% to €151.4M, while B2C revenue fell 7.4% to €105.7M year-over-year.

• Operating income (EBIT) rose 3.5% to €19.7M, with an operating margin of 7.7%.

Outlook and guidance

• Positioned to capture sustainable digital market growth, with a scalable, proven model and strong international presence.

• Digital market expected to grow 7.5% in 2025, with selective external growth and international expansion planned.

• Confident in continued profitable growth, leveraging AI and digital expertise.

• Targeting new growth via generative AI and conversational engine optimization.

• Focus on expanding leadership in France and internationally, with a strong commitment to social and environmental responsibility.