France's HighCo Q4 like-for-like gross profit rises

High Co SA

28/01/2026 17:13

Overview

France marketing firm's Q4 2025 gross profit rose 20.3% LFL, driven by strong French growth

2025 adjusted operating margin confirmed at over 12%

Company plans to restructure Sogec's businesses to maintain competitiveness

Outlook

HighCo expects 2026 gross profit to exceed €78 mln

Company plans to restructure Sogec’s businesses to maintain competitiveness

Result Drivers

ACTIVATION DIVISION - Strong growth in Activation division, up 15.6% LFL, driven by mobile coupon and promotion management solutions

CONSULTING & IN-STORE MEDIA - Consulting & In-store media selling division up 45.3% LFL, aided by favorable comparison to previous year

INTERNATIONAL DECLINE - International business down 6.4% LFL in Q4, with Belgium facing declines due to reduced coupon processing

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
FY Gross Profit
EUR 66.65 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the advertising & marketing peer group is "buy"

Wall Street's median 12-month price target for High Co SA is €4.50, about 15.1% above its January 27 closing price of €3.91

The stock recently traded at 15 times the next 12-month earnings vs. a P/E of 18 three months ago

Press Release: ID:nGNE5c1RHS

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)