Brief: Azerion Makes Significant Progress With Consolidation And Integration Of Previous Acquisitions

Azerion NV

31/05/2023 06:35

May 31 (Reuters) - Azerion Group NV  AZRN.AS :
    * AZERION MAKES SIGNIFICANT PROGRESS WITH THE CONSOLIDATION
AND
INTEGRATION OF PREVIOUS ACQUISITIONS
    * INITIATIVES TO INTEGRATE AND CONSOLIDATE DIFFERENT
TECHNOLOGIES,
TEAMS, BRANDS, OFFICES AND BACK-OFFICE ACTIVITIES HAVE
PROGRESSED WELL IN Q1 2023 AND ARE EXPECTED TO RESULT IN
ANNUALIZED SAVINGS OF AT LEAST EUR 15 MILLION COMPARED TO
JANUARY 2023 BASELINE
    * THE INTEGRATION EFFORTS ARE EXPECTED TO CONTINUE THROUGH
Q2 AND
Q3 2023 TO MAKE AZERION’S PLATFORM MORE EFFICIENT AND READY TO
FURTHER SCALE UP
    * EFFORTS WILL INCLUDE ROLL-OUT OF ACQUIRED PRODUCTS AND
SERVICES
ACROSS ALL AZERION REGIONS TO ENSURE ONE SINGLE SET OF OFFERING
TO ADVERTISERS AND PUBLISHERS, AND REBRANDING OF PRODUCTS AND
ENTITIES AND LEGAL MERGERS AND ACQUIRED SUBSIDIARIES
    * MORE UPDATES WILL BE PROVIDED OVER THE COURSE OF 2023

Source text for Eikon:  ID:nGNE2Yl4Nm 
Further company coverage:  AZRN.AS 

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