Globe Newswire
HOPSCOTCH GROUPE: Sharp decline in consolidated turnover due to events and limited by PR and digital
Press release Paris, February 2, 2021 Section Quarterly revenue Strong decline in consolidated revenue due to events and limited by PR and digital HOPSCOTCH Group (Euronext FR0000065278), a communications consulting group, a major digital player, marketing, public relations and events, announces its consolidated turnover and gross margin as of December 31, 2020. In millions of euros 1st quarter 2nd quarter 3rd quarter (1) 4th quarter (1) Financial year 2020 Consolidated gross margin 34,712.8 17.59.7 26,212.8 45,120.3 123,555.62019 Consolidated turnover Consolidated gross margin 34,413.2 44.314.9 49.316.1 69.326.1 197.370.3 (1) Figures of the 3rd and 4th quarter are unaudited. The group’s consolidated turnover amounted to 123.5 million euros, and the consolidated gross margin reached 55.6 million euros for the 2020 financial year, values respectively down by 37.6% and 21.0% compared to last year. The data presented consolidates Sopexa over the full year. Last year, Sopexa had only been consolidated in the second half of 2019. On a comparable basis (excluding Sopexa), turnover fell by 43.2%, to almost 90 million euros, and the gross margin by 37 , 3%, or a little more than 20M €, in full on the event. During this year 2020, events activities were strongly impacted, with a 60% drop in gross margin. This violent decline, however, seems to be less than the entire sector. In fact, Hopscotch Groupe has been able to maintain certain operations at a minimum and has provided many services mixing face-to-face and digital technology, innovating in formats and technologies. With more than a hundred operations to its credit, Hopscotch Groupe has become one of the leaders in new digital event formats. Consulting-type activities, including public relations and digital communication in particular, remained stable, and thus limiting the overall decline in activities, they helped the group in its defense in the face of the pandemic situation. Finally, Sopexa recorded a significant but controlled decline – less than 15% – in business volume, and the excellent responsiveness of the teams to this workload allows despite everything from 2020 to meet its initial objective of returning to profit: Sopexa’s share in the accounts will therefore be contributory this year. Cash has been stable for 6 months, and the EMP received at the end of June has not been used to date. Hopscotch Groupe is implementing a major PSE made necessary by the extension of health constraints and mainly affecting the workforce linked to the event. As the costs are provisioned for 2020, a significant loss will be published for the year. HOPSCOTCH Groupe will publish its 2020 consolidated annual results on Wednesday March 31, 2021, after the markets close. ________ Shareholder contact Pierre-Franck MOLEY – Chief Executive Officer – Tel. 01 41 34 20 56 – [email protected] Press contact Jodie KNOEPFLER CONSCIENCE – Assistant to the Management Board – Tel. 01 41 34 20 51 – [email protected] ________ About HOPSCOTCH HOPSCOTCH is an international communication group created in France, led by its founders and managers, all guided by a vision of entrepreneurs driven by the complementarity of expertise. The HOPSCOTCH credo? The “Global PR” which revolve around an unprecedented mix between digital, events, public relations and shopper experience.HOPSCOTCH brings together, within its Parisian Hub, in Lyon, Lille and internationally more than 700 expert employees in all areas of communication: influence, event, activation, digitalization, internal communication, public affairs … Convinced that the value of a company or organization lies in the care given to its relational capital, HOPSCOTCH structures its expertise around its brand own “Hopscotch” (Event / Influence / Travel / Corporate / Congrès / Luxe / Content & Design), and specialized agencies: heaven, Sagarmatha, Human to Human, Le Public Système PR, Le Public Système Cinéma, Capdel, U Pro and Sopexa .HOPSCOTCH, listed on Euronext Paris (ISIN Code: HOP FR 00000 6527 8), today has an integrated international network, with 35 offices spread over 5 continents, allowing an intervention capacity in more than 60 countries. To follow us: www.hopscotchgroupe.com and on Twitter / Instagram @HOPSCOTCHgroupe Attachment CP_ HOPSCOTCH Groupe CA 4th quarter 2020
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