Reworld Media (ALREW)

Business description

Reworld Media is a digital media group that combines well-recognised media brands (with on- and offline presence) and ad tech digital performance marketing.

Stock data

Market cap.€59.8m
Last close€1.65
High / Low (52 weeks)€2.8 / €1.1
Stock market listingEG
Forecast net debt (€m)0
Forecast gearing ratio (%)0
TeamMedia
SectorMedia

Price performance

%1m3m12m
Actual(14.1)(20.3)50.0
Relative *(15.1)(22.7)31.9

* % Relative to local index

Other companies in sector Show

Company news

Reworld Media SA (ALREW) Declined -1.53% on Nov 19

Sun, 19 Nov 2017 09:33:45 GMT

Reworld Media SA (ALREW) Moves Up 0.53% on Nov 24

Fri, 24 Nov 2017 08:26:15 GMT

REWORLD MEDIA investit 1 M€ dans la holding d'INFINIE PASSION

Wed, 29 Mar 2017 15:09:26 GMT

Caroline Wozniacki: 'When you're World No. 1, you are always the favourite to win'

Sun, 02 Apr 2017 10:11:12 GMT

Sporever SA (ALSPO) Is Yet to See Trading Action on Nov 24

Thu, 09 Nov 2017 16:18:45 GMT

Investment summary

The key elements of the H117 figures were the strong growth and margin improvement in the core media branding business and the return to profit at Tradedoubler. The latter’s consolidation has lifted Reworld’s half-year revenues by 23% over H116. With the consolidation of Sporever, our current year figures are underpinned and our FY18 forecasts were slightly raised. Tradedoubler's interim figures to September showed lower revenues but imported gross and EBITDA margins as the group dropped unprofitable business. Reworld's strong media brand portfolio, combined with the data and monetisation capabilities of Tradedoubler (30% owned) make the group an attractive partner to advertisers. On a lower cost base, this is translating into impressive earnings growth, not yet reflected in the rating.

Last updated on 13/12/2017

Y/E Dec Revenue (€m) EBITDA (€m) PBT (€m) EPS (fd) (c) P/E (x) P/CF (x)
2015A 60.2 1.1 0.0 0.0 N/A N/A
2016A 174.0 4.4 0.9 0.4 412.5 45.4
2017E 186.5 8.5 3.2 5.7 28.9 N/A
2018E 196.5 14.5 8.9 14.3 11.5 4.6

Last updated on 06/12/2017

Latest research

Media performance

Update | Media | 29/09/2017

Digital progress and momentum

Update | Media | 30/03/2017

Brand building

Initiation | Media | 06/03/2017

Latest video

Executive Interview - Reworld Media

Industry outlook

While the magazine market continues to suffer from lower physical sales and falling advertising revenues, the underlying demand for entertaining and informative content is undiminished. The outlook for online/mobile ad spend remains robust, with Statista forecasting CAGR of 11.3% for France through to 2021, benefiting both Reworld's media brands and the Tradedoubler business model.

Last updated on 13/12/2017

Key management

Pascal Chevalier, Chairman
Gautier Normand, CEO

Company address

16 Rue du Dome
Paris
92100
France
+33 1 45 19 58 00
View website