Strong growth for Hi-media: 39% increase in sales for Q1, 2010
Hi-media just announced its quarterly results with a 39% increase in sales compared to last year, to 51M€.
Hi-media Payments continues to post strong organic growth rate with a 16% activity increase, while the advertising activity almost doubled with an 81% growth rate compared to last year first quarter, thanks to the successful integration of AdLINK Media.
Commenting on these figures, Hi-media Group’s founder and CEO Cyril Zimmermann declares:
« We posted another strong activity growth quarter thanks to the dynamism of our organic activity and the positive impact of the successful integration of AdLINK Media. During these first months of the year, the advertising market has demonstrated a slight improvement which should accelerate throughout the year. The micropayment fundamentals are very well oriented with publisher demands to invoice part of their content that get stronger and stronger. On both activities, the good positioning of the Group and the launch of new offers will enable Hi-media to perform for all the yearlong with strong perspectives for the second half of the year».
To read the Press Release please click here: http://bit.ly/cRzLt3