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.€74.6m
Last close€2.06
High / Low (52 weeks)€2.8 / €1.1
Stock market listingAL
Forecast net debt (€m)0
Forecast gearing ratio (%)0

Price performance

Relative *(2.598)2.235758.245

* % Relative to local index

Other companies in sector Show

Company news

Reworld Media SA (ALREW) Dipped -1.94% on Oct 20

Fri, 20 Oct 2017 07:41:15 GMT

Reworld Media SA (ALREW) Rises 0.5% on Oct 15

Sun, 15 Oct 2017 09:45:00 GMT

BRIEF-Gyldendal appoints Silje Therese Gabrielsen as CFO

Mon, 08 May 2017 12:03:41 GMT

Reworld Media SA (ALREW) Dipped -1.46% on Sep 25

Mon, 25 Sep 2017 12:40:27 GMT

Reworld Media SA (ALREW) Is Yet to See Trading Action on Sep 20

Wed, 20 Sep 2017 08:37:30 GMT

Investment summary

The key elements of the H117 figures are 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 are slightly raised. The 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 29/09/2017

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 0.4 515.0 56.7
2017E 186.5 8.5 3.2 5.7 36.1 N/A
2018E 196.5 14.5 8.9 14.3 14.4 5.8

Last updated on 18/10/2017

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, benefiting both Reworld's media brands and the TD business model.

Last updated on 06/09/2017

Key management

Pascal Chevalier, Chairman
Gautier Normand, CEO

Company address

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