Fill Up Média lost over 10% on Wednesday morning on the Paris Bourse, after reporting a widening of its first-half losses.

The advertising agency, which deploys its screens on service-station fuel dispensers, posted a net loss of 590,000 euros for the first six months of the year, compared with 208,000 euros for the same period last year.000 euros for the same period last year, as a result of its "proactive" investment policy.

Its operating loss increased to 532,000 euros over the period, compared with -79,000 euros a year earlier.

Its half-year sales came to 4.6 million euros, up 21% on a constant partner-station base (630).

In its press release, Fill Up Média explains that it intends to pursue its strong growth trajectory by investing in the company's structuring, in particular following the signing of a new contract with the Carrefour group.

The company confirms all its commercial and financial objectives announced at the time of its IPO, namely to equip 550 additional service stations by 2025.

It is still targeting an average annual sales growth rate of 40% between 2021 and 2025, as well as sales of 26 million euros and an adjusted Ebitda margin of over 35% by 2025.

The share price lost over 10% following this publication, bringing its decline since the start of the year to 18%.

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