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17th February 2010, London – GoAdv, one of Europe’s fastest growing digital media companies (www.goadv.com), has acquired Italy’s top blog network as part of its worldwide growth strategy. Blogosfere, launched in 2005, now counts more than 210 professional blogs across its network and has a user base of over 3 million* (www.blogosfere.it).
[PDF]11th February 2010, Dublin - GoAdv (Code ISIN FR0010500975 – Code MNEMO: ALGOA) has today reported 2009 unaudited revenues of €42.2M, an 11% growth on 2008 revenues of €37.9M. The unaudited revenues show resilience to the year’s challenging market conditions and an exciting return to historically high growth rates for the group in the final semester of the year.
[PDF]“In a difficult economic environment, GoAdv revenues remained stable while we continued to invest for the future and to realise the Group’s long-term strategy. By strengthening its online media position, signing an international partnership with Google, and further developing its media offerings, GoAdv enhanced the tools it needs to continue its growth. These investments are expected to quickly convert to results and we anticipate a substantial turnaround of operational margins starting in the 2nd semester of 2009.”
Luca Ascani, CEO of GoAdv
For the first semester 2009 the revenue of the GoAdv group totalled 18.1 million euros compared to 18.4 million euros reported for the first semester of 2008 representing a small reduction of just 2 percent.
[PDF]GP Bullhound, Europe’s leading investment bank in technology and digital media, has announced the results of the 2009 Media Momentum Top 50 league table of the fastest growing digital media companies in Europe including, for the first time, the GoAdv Group in its prestigious Top 20.
[PDF]“For the fourth consecutive year, GoAdv posts strong and solid results, based on the dynamic performance of its two main brands, Better Deals and Excite and the capitalisat ion of its previous investments in growth. In opening during 2008 the offices in Manila and Casablanca and by developing new functionality and partners on its sites, GoAdv has laid the foundations for future growth and consolidated it strong position across Europe.” Luca Ascani, President GoAdv
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