Hi-media Group posted a 25% 2010 third quarter sales growth

The on-line media group Hi-media (ISIN Code FR0000075988 – HIM, HIM.FR), the European leader in monetising the Internet audience, releases its activity figures for the third quarter of 2010.

Main consolidated figures (in million of euros) 

Commenting on the 2010 third quarter figures, Hi-media Group?s founder and CEO Cyril Zimmermann declares:

« Over the first nine months of the year Hi-media Group posted 157 million euro in sales, growing by 39% compared to last year. In parallel we have conducted the necessary changes in the business units that had registered deceiving results during the first half of the year. We also worked on the gross margins aspect of our businesses with the first tangible results currently foreseen. Thus Hi-media is confident in its end of the year activity and is actively pursuing its development with stronger operational structures and large growth opportunities among which the performance marketing segment and the European expansion of the Payments activity.»

To read the press release, please click here: Hi-media PR website section

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